Andrew Littlefair

Sun, 2012-11-18 11:45Steve Horn
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Locking in Dirty Energy Demand: GE Signs Deal with Clean Energy Fuels for Gas-Powered Vehicles

On November 13, Clean Energy Fuels (CEF) signed a deal with General Electric (GE) to purchase its natural gas vehicle fueling assets in an effort to expand what it describes as “America’s Natural Gas Highway.”

CEF is owned on a 20.8 percent basis by T. Boone Pickens, energy magnate and owner of the hedge fund, BP Capital. Andrew Littlefair, President and CEO of CEFdescribed the deal as one of the “most significant milestones in Clean Energy’s history.”

The deal, “will enable trucks to operate [on natural gas] coast to coast and border to border.”

Forbes dug into the nuts-and-bolts of the deal:

Sun, 2011-12-04 13:00Steve Horn
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U.S. Rep. Dan Boren, Exemplar of Political Corruption

Today, The New York Times ran an investigative piece uncovering a thick, multi-layered corruption scene, honing in on one man: U.S. Rep. Dan Boren (D-OK). Boren, many will recall, is one of the original co-sponsors of H.R. 1380, the NAT GAS Act, also known as the Pickens Plan, which would given tax credits to natural gas vehicles - the bigger the vehicle the more tax credits recieved. 

As I have covered on numerous occasions, the NAT GAS Act was written by and for the trio of energy magnate T. Boone Pickens; Pickens' long-time business partner and President and CEO of Clean Energy Fuels Corp., Andrew Littlefair; and Chesapeake Energy's CEO Aubrey McClendon. I coined the three a “self-enriching trifecta.” 

Boren, as revealed by the Times, has served for years as a useful pawn for the unconventional gas industry insiders, or what the Occupy movement has rightfully coined the “one-percent.”

As Gas Riches Remake Plains, Lawmaker Shares in Bounty,” the NYT article written by Eric Lipton, reveals many important ties between Boren and the gas industry which he is dutifully serving as a “public servant.”

Sun, 2011-09-25 11:53Steve Horn
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NAT GAS Act That Would Overhaul U.S. Fueling Infrastructure Moves Forward

On Thursday, the U.S. House Ways and Means Committee's Subcommittee on Select Revenue Measures held a hearing on Energy Tax Policy and Tax Reform.

Three separate panels were held within the hearing itself: one on green energy credits included in the American Recovery and Reinvestment Act of 2009, another examining different view points on the proper role of the tax code in promoting U.S. energy policies, and the third on House Resolution 1380, the NAT GAS (New Alternative Transportation to Give Americans Solutions) Act.

As stated in an earlier article, “The bill is 24-pages long and rewards [natural gas vehicles] with tax [subsidies] to help 'drive' consumption. The bigger the vehicle, the more tax credits given.” The bill's main purpose is to build up a massive fueling and vehicle infrastructure for the natural gas industry, which currently does not exist in the United States.

The NAT GAS bill was written by and for natural gas insiders, chief among them energy magnate T. Boone Pickens, Chesapeake Energy CEO Aubrey McClendon and Clean Energy Fuels CEO Andrew Littlefair – referred to in an earlier post as the “self-enriching trifecta.” The bill currently possesses 183 bipartisan co-sponsors and until finally getting a hearing Friday, had sat in the Congressional coffers since early April.

Mon, 2011-07-25 23:51Steve Horn
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Chesapeake "Declaration of Energy Independence": NAT GAS Act Embodied

This article has been cross-posted with permission of the Center for Media and Democracy’s PR Watch.

On July 11, Chesapeake Energy, the second largest methane gas corporation in the United States, announced its  “bold new plan”: a “Declaration of Energy Independence” for America’s energy future. (“Natural gas” is the public relations term the industry uses for methane gas, because it sounds so much more appealing than the real name.)

The plan is double-pronged and will no doubt lead to increased levels of fracking, the process drilling companies use to extract methane gas in areas like the Marcellus Shale and other shale deposits throughout the country. Fracking is a dirty process, as covered in-depth by DeSmogBlog in an April 2011 report titled, “Fracking the Future: How Unconventional Gas Threatens our Water, Health, and Climate.”

First, Chesapeake will pour $150 million into Clean Energy Fuels Corporation (CEF). Energy tycoon and hedge fund manager T. Boone Pickens sits on CEF’s Board of Directors and owns a 41 percent stake, according to the company’s March, 2011 10-Q filing. That money will go toward funding methane gas fueling stations along federal highways spanning the country.

Second, Chesapeake has purchased a $155 million, 50 percent stake in Sundrop Fuels, Inc.  Chesapeake’s CEO, Aubrey McClendon, is also the CEO of Sundrop Fuels.

While superficially a “bold new plan,” the reality is that the plan serves merely as the embodiment of the vision outlined in House Resolution 1380, the NAT GAS Act of 2011 (New Alternative Transportation to Give Americans Solutions Act of 2011), with all of the same key players still in the fold.

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