Momentum Growing For Pickens’ Nat Gas Bill

 by Todd Shriber | April 12th  

An editorial published in the New York Times provides vocal support for the natural gas legislation legendary energy investor T. Boone Pickens has been pushing for, indicating the bipartisan bill may have some momentum behind it. The New Alternative Transportation to Give Americans Solutions Act, or the Nat Gas Act, was introduced last week.

Pickens has been one of the of the most ardent supporters of the U.S. decreasing its dependence on foreign oil and boosting its of natural gas, which is far cheaper than oil and in abundant supply in the U.S. Pickens is the largest shareholder of Clean Energy Fuels (CLNE), which is a natural gas supplier for heavy vehicles and his BP Capital Management held stakes in several companies with significant natural gas exposure at the end of last year.

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