Thursday, August 14, 2008

Pelosi And Pickens Have Financial Investment In 'No New Oil'

The House Madam, Nasty Nancy has blocked an Up or Down vote on oil drilling that Republicans and many in her own party have been calling for. Pelosi makes statements like, “We must protect the environment”, “We must save the planet”, “Drilling is a Hoax!” and “We must focus on alternative fuels!”. These are all bogus excuses. Pelosi also says, that any (GOP) energy proposal must include massive government subsidies for “renewable fuels”

The Sierra Club, Pelosi and other Democrats are happy to point out that the 'great' oilman, T. Boone Pickens knows oil and therefore, should be believed when he tell us, “We cannot drill our way out of this crisis!”

What they don’t want you to know is that Mr. Pickens is the founder and principle owner of Clean Energy Fuels Corp. (CLNE). Cline is the largest supplier of Natural Gas. In addition, Mr. Pickens owns Mesa Power, a wind power company in which he has invested $12 Billion. T. Boone Pickens has Billions of reasons why he does not want for us to drill our way out of this crisis. Viewers should understand that the “Pickens, Save The Nation Plan” may be more hype than fact.

Why is that important? Pelosi’s 2007 financial disclosure form shows that she owns as much as $250,000 worth of CLINE stocks. An adequate oil supply could cost the House Madam several million dollars on her investment.

Not only do Pelosi and Pickens share the same talking point to downplay the value of recovering our domestic oil, but they also share a huge financial interest that would be harmed if domestic production were permitted!

Wind and Solar Energy systems have been in use for several decades. They are not in common use because each has short comings that current technology cannot over come.

Wind power is not 100% available anywhere on Earth. Problems occur at both end of the Spectrum, from no wind or to little wind and from too much wind.

Solar energy require Sun light, there is No energy output at night. Cloud cover effects the amount of output.

With both systems, alternate source of energy are necessary to compensate for their down times.

Pelosi, Reid, and the rest of Congress needs to put aside their personal interests, their special interests groups (like the Sierra Club) and their hatred and start doing what is best for America!


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