Gas Well Investments. American Investment Managers. Investment Adviser Conference
Gas Well Investments
- The action or process of investing money for profit or material result
- An act of devoting time, effort, or energy to a particular undertaking with the expectation of a worthwhile result
- (invest) furnish with power or authority; of kings or emperors
- A thing that is worth buying because it may be profitable or useful in the future
- (invest) make an investment; “Put money into bonds”
- (invest) endow: give qualities or abilities to
investments
- An oil well is a general term for any boring through the earth’s surface that is designed to find and acquire petroleum oil hydrocarbons. Usually some natural gas is produced along with the oil. A well that is designed to produce mainly or only gas may be termed a gas well.
- a well that yields or has yielded natural gas
- A well that produces natural gas which is not associated with crude oil.
gas well
T. Boone and & the Gas Heads
T. Boone Pickens:
“You can’t have a five minute conversation on energy in Washington. They run out of things they can talk about in less than five minutes.”
“There is more oil in Canada than Saudi Arabia. If we turn away the Keystone pipeline from Fort McMurray to the sea for China, we will go down as the dumbest nation in history.”
Robert Friedland, CEO of Ivanhoe Mines”
“The U.S. is institutionalizing stupidity by not importing Canadian oil.”
“If we can solve the porosity and access the gas, there more natural gas in Pennsylvania and New York than in China.”
“You can graph all human activity and you will see a steady increase in electrical consumption per person on the planet. And that will take more copper because copper is a better conductor than anything, except silver and gold. [incorrect, by the way] We will consume more copper in the next 20 years than the last 100 years.”
“If you don’t grow it, you have to mine it.”
“It’s a crime against humanity to make ethanol out of corn. We are driving up food prices. Just tap the gas.”
“We are trying a new fracking technology without chemicals; it used electro-magnetic pulses to free the formations. With all of the advances, we have $2.34 natural gas. Technology does not care about the idiots in Washington.”
T. Boone:
“I saw my first fracked well in 1953. I have fracked 3000 wells personally. I have not seen an aquifer damaged.”
“France has a no fracking rule. Noone has ever accused that crowd of being real smart.”
Barry Sternlicht, CEO of Starwood
“There are more communists in France than in China. They don’t do anything like the rest of us, but eat.”
Jamie Dimon, CEO of JPMorgan Chase
“Dodd Frank will work out OK. The game will not significantly change.”
“The housing problem is over. People hate projecting an inflection point and would rather say something less specific. We will have 13 million new Americans in the next 10 years and we don’t have homes for them. We destroy about 400 thousand homes a year. If we go back to 1.3 million new homes per year, then the homebuilding industry gets rid of half of the excess unemployment.”
(earlier photo I took of T.Boone)
Franks Investment Company 10H #1
