An “Unlikely Hero” in Big Oil
If the oil industry has a hero, T. Boone Pickens could well qualify to be that hero. Why? Unlike anyone else in the entire nation, T. Boone is a man with a plan, a vision that he is willing to share with specifics to back him up. This runs counter to the political culture, where ideas are often tossed as bones of appeasement to generate support for vague ideas and actions, many of which seem to be hidden from public view.
“The Pickens Plan” calls for investing in domestic renewable resources such as wind, and switching from oil to natural gas as a transportation fuel.
Pickens appears to know what he is talking about. He quickly points out that continuing to import oil is unsustainable. Currently, the nation is importing 70% of required national oil needs. With rising oil and financial pressures, the national economy is headed toward certain bankruptcy and an impossible burden for the future.
He is a fan of wind power to take the load off of other forms of power generation, including nuclear power. Pickens states that the nation can take advantage of a natural wind corridor that ranges from Canada to Texas to supply more than 20 percent of the nations’ electrical needs. His company is already taking action in this area, beginning the installation of a huge wind farm in Texas on private land with enough capacity to supply energy for 1.3 million homes. Previously unproductive land is being used to create power, insuring income for land owners and creating local prosperity instead of more funding for foreign oil that drains the national economy and devalues the dollar.
He suggests that the power grid be supplied from wind power instead of using natural gas, while favoring natural gas to power motor vehicles. An energy plan could be fully unfurled in ten years if Congress and the White House were to treat the current energy situation as a national emergency and take immediate action. Politicians have been publicly favorable toward allowing business to take the risks and make decisions on alternate energy instead of trying to supply truly relevant guidance. A businessman of solid-standing has stepped up to the plate.
T. Boone Pickens has revealed the first definite plan revealed to the public. Since neither political party has developed a real plan that takes immediate needs and a shorter-term vision into account, Pickens’ plan enjoys real viability as well as the power of being mainstream while promoting positive change. He is looking for public support so that the nation can move forward with a realistic national energy goal in mind. Does Pickens have anything to gain? Certainly. So does America. Does the country dare to move forward without a real energy plan when politicians are stalling to move forward on energy? Are you willing to sign on to encourage real action for the national future?