AVFI 2008: T. Boone Pickens lays the future of oil and alternatives on the line
Filed under: Biodiesel, Ethanol, Solar, AutoblogGreen Exclusive, Natural Gas, AFVI Expo, Green Daily, USA
Andrew Littlefair (left) and T. Boone Pickens
The majority of the attendees at the AFVI Expo's Fleet Day breakfast keynote seemed quite pleased to listen to T. Boone Pickens (just like last year). Pickens is the founder of BP Capital Management and had a sit-down discussion with Andrew Littlefair, the president and CEO of Clean Energy. Why do AFVI folks like this guy? He's got a lot of information (he's made billions in the oil and energy industry) and he sees a way to power the future (he's made a huge investment in wind power in Texas, for example. Littlefair said that without Boone, there wouldn't be an NGV industry in the U.S.
A few choice quotes:
- "We are importing 72 percent of our oil. ... We are now transferring $600 billion [a year] out of the United States to a few friends and a hell of a bunch of enemies. I can tell you, we are paying for the war against ourselves."
- "If they [China] had the Olympics today, in this smog, and ran the 100 meter dash, it would have to be a relay."
- "Diesel will never sell, again, below gasoline. It will always be more expensive than gasoline."
- "We're actually dealing with a huge shift of capital out to somewhere. We're going to be reduced to - I promise you it's going to happen pretty quick, too - we'll be reduced to something less than the superpower that we are."
Ford's tiny Ka might come to America after all
Paris 2008: Citroen C4 WRC HYmotion4 hybrid rally car
Confirmed: Lexus to build Prius-based hybrid
Paris 2008: Mazda Kiyora city car concept
Breaking: Senate passes PHEV legislation
Did a used EV1 really just sell for $465,000?
AutoblogGreen First Drive: 2009 Volkswagen Jetta TDI Sedan
Production Chevy Volt photos leak out!
