Mr. Pickens was brilliant on CSPAN a few weeks ago. He was talking about the viability of deep-water drilling off both coasts and talking about how automatically mature the new wells would be. He was actually pushing for the development of Colorado oil shale over ANWAR.
We need to be getting some of our oil from coal. The United States has the largest coal reserves in the world. We have enough coal to last us 250 years. On top of that you can get a barrel of gas from coal at a cost of $25 a barrel. This isn't some science fiction either. The process has been around since World War II when the Germans developed it and it is being used all around the world. Of course it's not being used in the United States because of the enviromentalist, but when have them bastards ever been for something. They are always against everything.
On July 11, 2008, IndyMac Bank, F.S.B., Pasadena, CA was closed by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC) was named Conservator. All non-brokered insured deposit accounts and substantially all of the assets of IndyMac Bank, F.S.B. have been transferred to IndyMac Federal Bank, F.S.B. (IndyMac Federal Bank), Pasadena, CA ("assuming institution") a newly chartered full-service FDIC-insured institution. No advance notice is given to the public when a financial institution is closed.