T, Boone and Pelosi to rake in the $$$ ~ no oil for you

What did you expect from the "most ethical" House in history?
http://canadafreepress.com/index.php/article/4461
Clean Energy Fuels Corp

The Pelosi Windfall
By Bob Parks Thursday, August 14, 2008

What if it were discovered that Speaker of the House Nancy Pelosi is holding up the drilling vote because she WANTS the gas prices high, so her personal investments in alternative energy would make her a lot of money?

Which brings us to Madame Speaker’s 2007 financial disclosure form. Schedule III lists “Assets and ‘Unearned Income’” of between $100,001-$250,000 from Clean Energy Fuels Corp. — Public Common Stock. Clean Energy Fuels Corp. (CLNE) is a natural gas provider founded by T. Boone Pickens. Yep, that T. Boone Pickens — former oilman turned wind-power evangelist whose ads touting a national wind campaign are now as ubiquitous as Viagra promos.
(http://pfds.opensecrets.org/N00007360_2007.pdf see pages 7 and 16)
Pickens and Pelosi share the same talking points downplaying the need to drill and open up more access to American oil. Instead, the Pickens pie-in-the-sky plan proposes to replace natural gas with wind power in power generation and theoretically free up natural gas for America’s transportation needs.

Now, let’s follow that money.

As reported on dontgomovement.com, Speaker Pelosi bought between $50,000 and $100,000 worth of stock in Pickens’ CLNE Corp. in May 2007 on the day of the initial public offering:

“She, and other investors, stand to gain a substantial return on their investment if gasoline prices stay high, and municipal, state and even the Federal governments start using natural gas as their primary fuel source. If gasoline prices fall? Alternative fuels and the cost to convert fleets over to them become less and less attractive.”

If this is true and the mainstream media catches wind of it (big IF), Pelosi could single-handedly doom the Democrat Party’s hold on the Congress and Senate.

It sucks we have to rely on the media.


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Website: Black & Right

Bob Parks is a of the National Advisory Council of Project 21, Senior Writer for the New Media Journal, VP of Marketing and Media Relations for the New Media Alliance. Bob’s websites are Black & Right and youtube.com/BlackAndRight

Bob can be reached at: blackandright@gmail.com