Boone Pickens

News tagged with Boone Pickens on Mining Top News

Pickens’ $9.4 Million Gift to Alma Mater

June 21st, 2008
Pickens’ $9.4 Million Gift to Alma Mater

Oilman T. Boone Pickens gave Oklahoma State University another multimillion gift.
The American Association of Petroleum Geologists Foundation says Pickens will donate $9.4 million to a fund that will create a consortium between the foundation and school.
The Boone Pickens Digital Geology Fund will pay for graduate geology students at Oklahoma State to perform research and create [...]

Pickens Says Oil Could Hit $150 This Year

May 21st, 2008
Pickens Says Oil Could Hit $150 This Year

In an interview with CNBC, billionaire Texas oilman T. Boone Pickens said he thinks crude oil could go as high as $150 a barrel this year.
Pickens said only natural gas is plentiful enough to offset dwindling supplies of oil, particularly for the U.S., and only a global recession would cause oil to fall.
Pickens said high [...]

Oil Heading for $130 a Barrel

May 21st, 2008
Oil Heading for $130 a Barrel

Oil prices surged to a new trading record above $129 a barrel Tuesday amid continuing concern about global supply.
U.S. light crude for June delivery reached $129.58 a barrel in electronic trading, surpassing the previous intraday mark of $127.82 hit Friday as it smashed through the $128 barrier in a matter of minutes. At 11 a.m. [...]

Pickens Puts Billions into Wind Power

May 16th, 2008
Pickens Puts Billions into Wind Power

Mesa Power, a renewable energy company founded by billionaire Texas oilman T. Boone Pickens, placed an order for 667 wind turbines from General Electric Co. as part of a $2 billion startup of what is slated to become the world’s largest wind farm.
“You find an oilfield, it peaks and starts declining, and you’ve got to [...]