![\"T.](\"http:\/\/static.businessinsider.com\/image\/4bd9c9607f8b9a320b920800-322-241\/t-boone-pickens.jpg\")
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Let’s do some back-of-the-envelope math<\/p>\n
Add it all up: We’re going to get the big T. Boone Pickens endorsed “Climate” bill<\/a>, which has nothing to do with climate, and everything to do with subsidizing natural gas.<\/p>\n It’s status in the Senate has been in limbo, but now we think it’s a done deal.<\/p>\n Disagree? Not convinced?<\/p>\n Well consider that natural gas is getting absolutely bludgeoned toda<\/a>y — down over 8% — and yet many names leveraged to natural gas are doing great.<\/p>\n A few of the companies that would benefit from the passage of the bill are doing nicely.<\/p>\n The oil services companies and folks like BP (BP) are getting slammed today, and natural gas (UNG) is a horror show, but those companies that stand to benefit from a big taxpayer gift are doing quite fine. That’s why T. Boone Pickens is smiling.<\/p>\n Don’t miss: Why natural gas investors perpetually miss their big payoff ><\/a><\/strong><\/p>\n Join the conversation about this story »<\/a><\/p>\n See Also:<\/b><\/p>\n Let’s do some back-of-the-envelope math There was just a huge mining disaster in West Virginia. Today there was another (much smaller) mining disaster in Kentucky. In the Gulf there’s an oil spill that some are calling the next Exxon-Valdez. Add it all up: We’re going to get the big T. Boone Pickens endorsed “Climate” bill, […]<\/p>\n","protected":false},"author":810,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-547286","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/547286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/810"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=547286"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/547286\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=547286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=547286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=547286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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