T. Boone Pickens Media Coverage 6.16.11
Total of 5 Placements
• Print: 3 • Blog/Online: 2
Today, Pickens attended a ceremony by Clean Energy Fuels to mark the opening of two public access
compressed natural gas (CNG) fueling stations in Chicago.
The Daily Caller picked up on yesterdayʼs editorial from Investorʼs Business Daily and has a piece
criticizing the NAT GAS Act as an unnecessary intervention in the free market. The piece also alleges
crony capitalism, claiming it would reward George Soros, who is heavily invested in natural gas supplier
Finally, the Chicago Tribune column, “Chicago Confidential,” has a piece on the opening of the natural
gas stations. The piece briefly describes H.R. 1380 and notes that Pickens has spent large amounts of
time and money promoting the Pickens Plan.
Highlighted Placements (Full Articles Below)
• Republicans dropping like flies from new Soros
subsidy bet – The Daily Caller – 6/15/11
• Bears, Cubs battle Cook County over amusement tax – Chicago
Tribune – 6/16/11
Print Placements (Full Articles Below)
• Gardner, other Colorado Republicans pull names off natural
gas bill – The Greeley Tribune –
Blog/Online Placements (Full Articles Below)
• A Taxi Trend: Ford Transit Connect Compressed
Natural Gas Taxis Heading to Los Angeles and Chicago – Press Release –
• Clean Energy Opens Two New
Public Access Compressed Natural Gas (CNG) Vehicle Fueling Stations in Downtown Chicago – Press
Release - 6/16/11
Republicans dropping like flies from new Soros subsidy bet – The Daily Caller – 6/15/11
By Chris Horner
In todayʼs Washington, both parties espouse reining in out-of-control spending, earmarks, crony
capitalism and corporate welfare. Even once-sacrosanct ethanol subsidy schemes are teetering on the
But even as public disgust over subsidy boondoggles mounts, a bipartisan group of lawmakers is flirting
with cramming through a new black hole of energy subsidies. Their project is H.R. 1380, absurdly titled
“the NAT GAS Act.” If enacted, it would represent our fourth ethanol-style boondoggle, along with corn
ethanol subsidies, solar subsidies, and wind subsidies.
The bill promises a tax credit of up to 80% of the price of a natural gas vehicle, from $8,000 for
passenger cars up to $64,000 for heavy trucks. As if the current $7,500 tax credit from the rest of us to
underwrite a middle-class curbside bauble, the $41,000 “green” Volt version of Government Motorsʼs
$16,000 Cruze, wasnʼt offensive enough.
H.R. 1380 is estimated to cost taxpayers between $5 billion and $9 billion over five years. Leading
supporter T. Boone Pickens cynically pitches his project by arguing that if we donʼt like it after five years,
we can just let it expire. Kind of like the wind tax credit, which expires every three years or so, only to be
reinstated because we canʼt “kill jobs” — not even the phony, bubble kind. Not after constituencies have
been created demanding to be fed.
Some things die hard in Washington, even now that thereʼs a new class of nominal reformers in the
majority of the House, which was where promoters of this new subsidy scheme started. H.R. 1380,
which was introduced on April 6, garnered about 180 co-sponsors almost immediately. Over 80
Republicans supported the bill, and its champion was Tea Party stalwart John Sullivan, whoʼs from
Pickensʼs backyard of Oklahoma.
If it passes the House, this measure would be sure to pass the Democrat Senate and then get signed
into law by President Obama — or at minimum be used to hold hostage some item Republicans really
It gets worse. Although Pickens is the most visible champion of the bill, in the past couple of weeks itʼs
come to light that this is actually a major new play of none other than George Soros. Soros is of course
known for going long or short on bets that fit with the plans of his many other activities designed to
influence government and remake the world into something more in line with his left-wing views.
As stock-watcher GuruFocus wrote in “Stocks that George Soros Keeps Buying,” Soros has
accumulated 5.5 million shares in something called Westport Innovations Inc.
GuruFocus noted Soros “added his positions in the Dec. 31, 2010 quarter by 38.98%, again in the Mar.
31, 2011 quarter by 22.56%. Soros bought a massive 1.8 million shares at the early of 2010, and he has
been buying ever since . . . and his holdings has [sic] steadily and interestingly increased by 1 million
every quarter, this is a stock that should be looked more closely and for understanding why he has so
much confidence in this stock. No other guru but one currently has any shares of this stock and that
guru only owns 280,000 shares not 5.5 million.”
Answering this question somewhat, StreetInsider.comʼs latest missive reads, “Westport (WPRT) Set to
Explode Upon Passage of Nat Gas Act — [CNBC's Jim] Cramer.”
So itʼs little wonder that Republicans are beginning to abandon the bill as word gets around about whatʼs
being perpetrated, in part under their name.
In recent days, early sponsors Rep. Mike Coffman (CO-6), Rep. John Kline (MN-2), Rep. Cory Gardner
(CO-4) and Rep. Scott Tipton (CO-3) withdrew their support for the bill. They joined Reps. Glenn
Thompson (PA-5), Tim Griffin (AR-2), Mike Kelly (PA-3), Larry Bucshon (IN-8), Steve Pearce (NM-2)
and Senate aspirant Todd Akin (MO-2), who had already withdrawn their support from this policy
I ran into one of these members at an airport recently, and he explained how he became a co-sponsor
after being buttonholed on the floor with a sales pitch that proved to be something less than complete,
only to hear an earful from staff when they learned of the move. Upon learning what the bill was really
about, he withdrew his support for it, at the risk of alienating a colleague and a couple of billionaires,
which, sadly, is something members of Congress rarely do.
But itʼs less rare than it used to be. And three more Republican oddities — from Florida, Virginia and
Texas — are rumored to also be on their way to withdrawing their support for the bill.
The Republicansʼ pitch of having learned from their profligate past is made ever more difficult when
scores among their ranks jump on a brand new energy subsidy scheme, providing favors to special
interests groups that happen to have active political operations. But itʼs not too late, and some are
seeing the light.
Chris Horner is a senior fellow at The Competitive Enterprise Institute.
Bears, Cubs battle Cook County over amusement tax – Chicago Tribune – 6/16/11
By Melissa Harris
Teams, county disagree over what's subject to the tax
Earlier this year Cubs Chairman Tom Ricketts made the rounds to test support for a stalled plan to use
amusement tax receipt growth to cover a $200 million renovation to Wrigley Field.
Mayor Rahm Emanuel reportedly is opposed, but the Ricketts family faces another hurdle with Cook
County. Before the county might forfeit any revenue, the Cubs and the county need to resolve a dispute
over how much the team is required to pay in amusement taxes.
After a routine audit that covered years when Tribune Co., the Chicago Tribune's parent, owned the
team, Cook County notified the Cubs that it owed as much as $1.5 million in back amusement taxes,
plus interest and penalties. The dispute centers around amusement taxes on Wrigley Field's
approximately 65 luxury suites, according to sources.
The county later reduced that request to about $570,000 and is awaiting a ruling from the bankruptcy
judge. Meanwhile, the county has begun an audit of amusement tax payments under the Ricketts
The Bears organization has encountered the same problem with its 133 suites. The football club is
protesting its larger amusement tax bill and is awaiting a ruling on the dispute from an administrative law
judge, according to multiple sources. Bears spokesman Scott Hagel and Cook County Revenue Director
Zahra Ali declined to comment on the case or reveal how much money was at stake, citing
Here's what's in dispute: County ordinance says that admission-related fees are subject to the
amusement tax. But when parking, food and other amenities are included in a luxury suite bill — as they
sometimes are at Wrigley and Soldier fields — are those costs subject to the tax? The county contends
The county's amusement tax is 3 percent; the city's is 9 percent. Sources say the confusion arose
because the city, per its own ordinance, takes 9 percent off 60 percent of the cost of a luxury suite.
That's likely to ensure food, parking and other amenities are not subject to the tax. The county intends to
collect its amusement tax on the entire bill, but the Bears and Cubs assert that tax authorities are
interpreting the county ordinance incorrectly.
"We're working with the county and hoping to resolve our differences," said Michael Lufrano, the Cubs'
general counsel. He declined further comment.
County Commissioner Larry Suffredin predicts that the issue will wind up in litigation and blamed the
problem on a poorly worded statute.
"Our ordinance was never that clear," Suffredin said.
Suffredin said it's his understanding the Cubs and Bears were paying taxes to the county under city
rules. In February, commissioners proposed to clear up the issue by changing the county's amusement
tax formula to match the city's. That effort failed after the county's revenue department withdrew its
support, Suffredin said.
"We did not have the opportunity to study the fiscal impact that such a change would have on revenue,"
said Laura Lechowicz Felicione, special legal counsel for Cook County Board President Toni
Pickens touting natural gas
T. Boone Pickens, the podium-friendly energy investor, will visit Chicago on Thursday to open one of
two new compressed natural gas fueling stations.
Clean Energy Fuels, in which Pickens and his family are major shareholders, owns and operates the
stations at 540 W. Grenshaw St. and 3145 N. Western Ave., which are attached to existing Marathons
and have operated since early May.
The stations are open to the public and advertising natural gas at $2.59 per gallon, according to a Clean
Energy spokeswoman. They exist thanks to a federal grant, which is defraying some of the construction
costs and supplying money to convert taxis to run on the cleaner fuel.
Pickens has spent tens of millions of dollars promoting such incentives, which he believes are
necessary to lessen American dependence on foreign oil. Specifically, he is backing federal legislation
that would provide tax breaks to trucking companies that buy natural gas-powered 18-wheelers and to
the owners of the fueling stations required to support them.
The Dallas resident and billionaire spends much of his time flying around the country touting the bill, one
pillar of what's known as the Pickens Plan. To that end, after Thursday's ribbon-cutting ceremony,
Pickens will speak at a luncheon for donors to the Metropolitan Planning Council.
Thomas Boyle, vice chairman of State Bank of Countryside, and Greg Ohlendorf, chief executive of First
Community Bank and Trust in southeast Will County, are testifying Thursday before a U.S. House of
Representatives committee on small-business lending in the wake of financial reform. This marks the
third time Ohlendorf, as chairman of the policy development committee of the Independent Community
Bankers of America, has testified before Congress since the financial crisis.
Melissa Harris can be reached at firstname.lastname@example.org or 312-222-4582.
Gardner, other Colorado Republicans pull names off natural gas bill – The Greeley Tribune –
By Nate A. Miller
U.S. Rep. Cory Gardner has joined other Colorado House Republicans in pulling his name off a bill
designed to increase the use of natural gas in commercial vehicles by giving tax credits to companies
that convert their fleets.
Gardner, Scott Tipton and Mike Coffman withdrew their names as co-sponsors of the bill, H.R. 1380,
which is sponsored by Rep. John Sullivan, R-Okla. Energy magnate T. Boone Pickens has championed
the measure as part of a plan to lessen American dependence on foreign oil.
Conservative groups, such as the Heritage Foundation and Americans for Prosperity, have criticized the
bill as a subsidy that would pick winners and losers in energy policy.
Gardnerʼs spokeswoman, Rachel Boxer, said when Gardner originally signed on as a co-sponsor of the
legislation, he had not heard much feedback from constituents.
“Recently that has changed,” she said. “Heʼs been hearing from people on both sides of this issue, and it
made him decide that he wanted to take a step back and review their concerns before deciding how he
wanted to vote.”
Gardner, Tipton and Coffman withdrew their sponsorship Monday. Since May 23, 10 Republicans have
withdrawn their names from the bill, which has more than 100 co-sponsors on both sides of the aisle. On
Monday, two Democrats, Kurt Schrader of Oregon and Rick Larsen of Washington signed on as co-
Wichita, Kan.-based Koch Industries — which is led by the Koch brothers, who have actively
championed conservative causes — has been a strong opponent of the measure, according to the
Capitol Hill newspaper The Hill.
The Koch Industries Political Action Committee gave $12,500 to Gardnerʼs campaign during the past
three years, according to Federal Election Commission data.
Boxer said campaign donations did not play a role in Gardnerʼs decision.
“There is not a connection,” she said. “The factors that have influenced this decision are the volume of
calls and letters from constituents.”
On Wednesday, Colorado Democratic Chairman Rick Palacio took the House Republicans to task for
backing away from the legislation.
“All three Republican congressmen are abandoning a Colorado industry that generates 137,000 jobs
due to pressure from Washington lobbyists and insiders,” he said in a statement posted on the
Democratic Party website.
Boxer said Gardner remains a strong supporter of natural gas.
“He is very supportive of natural gas and continues to be supportive of natural gas, believing that it has a
very bright future,” she said.
A Taxi Trend: Ford Transit Connect Compressed Natural Gas Taxis Heading to Los Angeles and
Chicago – Press Release – 6/16/11
DEARBORN, Mich., June 16, 2011 /PRNewswire/ --
* Two taxicab companies in Los Angeles area order nearly 120 Ford Transit Connect Taxis to operate
on compressed natural gas (CNG)
* Twelve CNG-powered Transit Connect Taxis hit the streets of Chicago today
* New approvals giving taxicab company owners even more reason to consider the Ford Transit
The next time you hail a taxi, you could be jumping in to one that runs on compressed natural gas
(CNG). Chicago and Los Angeles are now the two latest cities to roll out Ford Transit Connect Taxis
fueled by CNG.
In Chicago today, Taxi Medallion Management will put 12 Ford Transit Connect Taxis powered by
compressed natural gas (CNG) into service as part of an event celebrating the increased presence of
CNG in Chicago. A CNG Ford Transit Connect Taxi will participate in the opening of a new Clean
Energy CNG filling station and natural gas advocate T. Boone Pickens will speak at the event after
arriving in a CNG Transit Connect Taxi.
Ford also announced two Los Angeles-area cab companies have ordered nearly 120 Ford Transit
Connect CNG Taxis, adding the nation's second-largest city to the growing list of large urban areas
quickly adopting the versatile vehicle.
"The Transit Connect Taxi was developed using market research we conducted with the taxi industry to
better understand what customers wanted in a future vehicle," said Gerald Koss, marketing manager,
Ford Fleet Operations. "The more conversations we had, the more interest we saw in a taxi with the
flexibility of offering a compressed natural gas version."
Los Angeles and Chicago aren't the only cities jumping on the CNG taxi bandwagon. In Connecticut,
Metro Taxi of West Haven and Yellow Cab Company of Hartford have ordered a total of 70 Transit
Connect Taxis that will be powered by CNG and in service by the end of summer. Other cities where
CNG Transit Connect Taxis have been ordered include Las Vegas and St. Louis.
Philadelphia is expected to join the list after city officials there recently approved it for use as well, said
California, here it comes
Yellow Cab of Anaheim and Cabco Yellow Inc. of Orange County have ordered a combined 119 CNG-
powered Transit Connect Taxis. The first 50 will be delivered within the next two months. The rest are
scheduled to be delivered by the end of 2011.
The Ford dealership, South Bay Ford in Los Angeles, will deliver the taxi units to the cab companies.
Larry Gach, sales manager, Ford Commercial Truck Sales and Marketing, said he expects orders in
California to increase after the California Air Resources Board (CARB) approved the use of Transit
Connect Taxis modified by BAF Technologies to run on CNG. BAF Technologies has been certified by
Ford as a Quality Vehicle Modifier to convert standard Transit Connect Taxis into CNG-powered cabs.
CARB is part of the California Environmental Protection Agency, an organization that reports to the
governor's office and is designed to promote and protect public health, welfare and ecological resources
through reduction of air pollutants.
To receive CARB certification, a vehicle must demonstrate that its exhaust and evaporative emission
control systems are durable and comply with the emission standards for the vehicle's useful life.
Blowing into the Windy City
Taxi Medallion Management bought the 12 CNG Transit Connect Taxis it is putting into service today
earlier this year.
The purchase is part of the company's goal of reducing emissions by 25 percent, said Michael Levine,
CEO of Taxi Medallion Management. According to the U.S. Environmental Protection Agency, CNG is
less expensive and burns cleaner than gasoline, resulting in 30 to 40 percent less greenhouse gas
"We are adding CNG-powered vehicles to our fleet in order to reduce the effective cost of fuel for our
drivers, and to introduce cleaner vehicles for the environment," said Levine.
Ford offers engine prep packages that allow conversions to CNG and liquefied propane gas (LPG). Both
CNG and LPG lower taxi fleets' operating costs and are better for the environment.
CNG Transit Connect Taxis in other regions
Orders of CNG Transit Connect Taxis are expected to come from other areas of the country as well,
including Philadelphia, the fifth-largest metropolitan area in the United States. City officials there
approved the CNG Transit Connect Taxi for use on its streets. The city regulates the types of vehicles
that can be used as taxis. To be approved, a vehicle must meet basic size requirements for headroom,
legroom and cargo space.
"The Ford CNG Transit Connect Taxi has many great features of interest to the riding public," said
James Ney, director, Taxicab & Limousine Division, Philadelphia Parking Authority. "Its abbreviated
footprint makes it perfect for use on our narrow, congested streets here in Philadelphia."
The amount of space in the Transit Connect Taxi is winning over taxicab company owners such as Fred
Sweets, of St. Louis American Cab. He recently ordered his first Transit Connect Taxi that will be
modified to run on CNG.
Sweets said he was immediately intrigued by the shape and size of the Transit Connect when he first
saw it being driven as a delivery van.
But before buying one, Sweets said he conducted his own research by asking users of the standard
Transit Connect, such as flower delivery businesses, about their experiences with the small commercial
"I asked them how they liked it, what their mileage was and how it was holding up," said Sweets. "I got
nothing but praise for the vehicle. I knew then that I had to add it to our fleet."
About Ford Motor Company
Ford Motor Company (NYSE: F), a global automotive industry leader based in Dearborn, Mich.,
manufactures or distributes automobiles across six continents. With about 166,000 employees and
about 70 plants worldwide, the company's automotive brands include Ford and Lincoln. The company
provides financial services through Ford Motor Credit Company. For more information regarding Ford's
products, please visit www.ford.com.
SOURCE Ford Motor Company
Clean Energy Opens Two New Public Access Compressed Natural Gas (CNG) Vehicle Fueling
Stations in Downtown Chicago – Press Release - 6/16/11
Stations to Operate 24/7 to Support Expanded Chicago Deployment of Clean, Green, Cost-Efficient
Natural Gas-Powered Taxis, Vans, Shuttles
CHICAGO--(BUSINESS WIRE)--Clean Energy Fuels Corp. (Nasdaq: CLNE), North Americaʼs leading
supplier of natural gas fuel for transportation, hosted a ceremony today to mark the opening of two
public access compressed natural gas (CNG) fueling stations in Chicago. Part of a planned Chicagoland
network, the new natural gas stations will support growing fleets of taxis, paratransit vehicles, service
vans, refuse trucks and shuttle buses powered by clean, green, domestic natural gas.
Chicagoʼs Taxi Medallion Management (TMM) operates over 800 vehicles in Chicago. They currently
have vehicles in both Yellow and Checker taxi affiliations. Michael Levine, the owner of TMM and
chairman of both Taxi Affiliation Services LLC and American United Taxi Affiliation, Inc., entered into two
15-year contracts with Clean Energy to build and operate the two CNG fueling stations, and supply fuel
to the initial TMM CNG fleet of up to 100 vehicles. Included are Ford Transit Connect and Chevy Impala
taxis as well as MV-1 paratransit vehicles. In addition to serving the TMM fleet, the stations are open
24/7 for public access.
Located at 540 West Grenshaw Street and 3145 North Western Avenue, the CNG station sites were
selected for their proximity to downtown Chicagoʼs business, hotel, shopping and financial districts.
Government officials and business leaders attended the June 16th reception and ribbon-cutting
ceremony at the new Clean Energy West Grenshaw Street station site. Among speakers at the event
were T. Boone Pickens, author of the “Pickens Plan” to enhance US energy security, and Michael
Levine, Owner, TMM.
Mr. Pickens commented, “Our continuing dependence on OPEC oil is a critical threat to our economy
and our national security. The only way to address that threat is to replace their more expensive, dirtier
diesel/gasoline with cleaner and cheaper domestic fuels. There are several options, and domestic
natural gas is one of them. If we donʼt start using our abundant domestic supplies of natural gas for
transportation, we are going to go down as the dumbest generation ever.”
TMMʼs Levine said, “Taxi Medallion Management has always been committed to providing the best
possible service to our drivers and to the community at large in Chicago. To that end we have updated
our fleet of vehicles, we have added the latest technology to enhance the taxicab riderʼs experience, and
now we are taking the next step in metropolitan taxicab evolution, the deployment of alternative fuel
vehicles. Our new CNG-powered fleet will drastically reduce the impact of rising fuel prices on our
drivers. It will benefit the city by reducing carbon emissions, and it will help begin the process of
reducing our nationʼs dependency on foreign fuel sources.”
Supporting the local deployment of alternative-fueled cabs, the City of Chicagoʼs Department of
Environment has implemented a Green Taxi program, which reimburses taxi companies that purchase
vehicles powered by alternative fuels or hybrid vehicles. Chicago cab companies receive from $9,000 to
$14,000 for purchasing a CNG car, and $2,000 for purchasing a hybrid car. The program operates on a
first-come, first-serve basis and continues until December 31, 2011.
Delivering considerable fuel savings, often over $1.50 per gallon equivalent when compared to diesel or
gasoline based on current market conditions, CNG fuel also produces up to 30% lower greenhouse gas
emissions in light-duty vehicles and 23% percent lower emissions in medium to heavy-duty vehicle
applications. U.S. Department of Energy reports estimate that 98% of the natural gas consumed in the
U.S. is sourced in the U.S. and Canada.
About Clean Energy Fuels — Clean Energy (Nasdaq: CLNE) is the largest provider of natural gas fuel
for transportation in North America and a global leader in the expanding natural gas vehicle market. It
has operations in CNG and LNG (liquefied natural gas) vehicle fueling, construction and operation of
CNG and LNG fueling stations, biomethane production, vehicle conversion and compressor technology.
Clean Energy fuels over 22,700 vehicles at 238 strategic locations across the United States and Canada
with a broad customer base in the refuse, transit, trucking, shuttle, taxi, airport and municipal fleet
markets. Clean Energy del Peru, a joint venture, fuels vehicles at two stations and provides CNG to
commercial customers in Peru. We own (70%) and operate a landfill gas facility in Dallas, Texas, that
produces renewable natural gas, or biomethane, for delivery in the nationʼs gas pipeline network. We
have agreed to build a second facility in Michigan. We own and operate LNG production plants in Willis,
Texas, and Boron, Calif., with combined capacity of 260,000 LNG gallons per day and that are designed
to expand to 340,000 LNG gallons per day as demand increases. NorthStar, a wholly owned subsidiary,
is the recognized leader in LNG/LCNG (liquefied to compressed natural gas) fueling system
technologies and station construction and operations. BAF Technologies, Inc., a wholly owned
subsidiary, is a leading provider of natural gas vehicle systems and conversions for taxis, vans, pick-up
trucks and shuttle buses. IMW Industries, Ltd., a wholly owned subsidiary based in Canada, is a leading
supplier of compressed natural gas equipment for vehicle fueling and industrial applications with more
than 1,200 installations in 24 countries. www.cleanenergyfuels.com
Forward-Looking Statements — This news release contains forward looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934 that involve risks, uncertainties and assumptions, including statements about the increase of
natural gas-powered vehicles in the Chicago area and the potential impact of replacing diesel and
gasoline with natural gas on the environment and the nationʼs economy and security. Actual results and
the timing of events could differ materially from those anticipated in these forward-looking statements as
a result of several factors, including the rate of CNG vehicle procurement and deployment, the price per
gallon of natural gas relative to diesel and gasoline, the performance, availability and price of natural gas
vehicles relative to gasoline and diesel vehicles, and continuously changing political conditions. The
forward-looking statements made herein speak only as of the date of this press release and, unless
otherwise required by law, the company undertakes no obligation to publicly update such forward-
looking statements to reflect subsequent events or circumstances.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-
Jamie Crain, 312-573-5484
Clean Energy Fuels Corp.
Joanne Hayes, cell:
Marc Klein, cell: 917-727-7138
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