Posted by: Todd Long | July 11, 2008

Gas prices got you down?

T. Boone Pickens

T. Boone Pickens

You’ve got to read this!  If you haven’t heard about T. Boone Pickens yet, you will soon.  His publicist promises you will see him on TV this fall as much as John McCain and Barack Obama.  Today he kicked off a public policy campaign to stop our dependence on foreign oil by using natural resources we have here in the USA such as wind and solar.  He has a plan!  He says we spend over $700,000,000,000 a year on foreign oil.  That’s $700 billion!  That is 4 times the cost of the Iraq war (which we all know is over …… OIL!)  Mr. Perkins knows a little about oil.  He has been a Texas oil man for over 50 years.  At the end of his video in front of Congress he starts talking about the amount of barrels of water brought up in relation to the barrels of oil in oil fields in Texas and the middle east and how that proves we are nearing the end of the reserve.  I don’t know about you, but I didn’t understand a lot of that, but I believe he understands the problem fully. 

USA TODAY: Critics could easily accuse Pickens of advocating a major new public policy initiative that will line his own pockets. He is, after all, a big player in both the wind power and natural gas businesses. Pickens says while his hedge fund will earn money for its investors, earning more money personally is meaningless: “I’m 80 years old and have $4 billion. I don’t need any more money.”

Now with $4,000,000,000 of his own money, don’t you think this is going to get some public attention!  I’m looking forward to this!  I like his spirit.

So how does wind and solar help gas prices?  We obviously can’t drive around in solar cars yet.  His plan is to reduce the use of Natural Gas usage for power generation by the use of wind and solar which will shift natural gas usage to automobiles.  We have a ton of natual gas reserves here in the USA.  I encourage you to check out his website www.pickensplan.com which launched a few days ago.  Sign up and get on board with this revolution.

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