Investors like to examine pricing anomalies, particularly related to commodities that could be viewed as substitutes but trade at radically different prices. One barrel of crude oil has approximately six times the energy content of one thousand cubic feet (mcf) ...
T. Boone Pickens made headlines in 2008 with his "Pickens Plan" for American energy independence. The plan, which consisted of a combination of wind farms and greater use of natural gas, was unveiled as crude oil prices reached an all ...
As oil prices escalated to nearly $150 one year ago, T. Boone Pickens appeared on CNBC to explain his proposals for energy independence. At the time, Mr. Pickens certainly did not predict the huge collapse in oil prices in the ...