Since the "oil crisis" of the 1970s it has been clear that the USA did
not have a reasonable and complete energy policy.
We have operated on the GOBEP, good old boy energy policy, which
rewards the supporters of those in power.
T. Boone Pickens has proposed using windpower in the midwest
corridor from Texas to North Dakota to produce electricity and
using natural gas to power internal combustion vehicles. Will he
make money if his policy is implemented? Absolutely!
Natural gas prices are the lowest since 2002. Anyone - normally
trucking firms and cities who are converting their truck fleets by
attrition - who has implemented the plan is saving money.
Pickens wants taxpayers to modernize the distribution grid for
electricity in America.
The USA is still importing over 9 million barrels of oil each day at
over $70/barrel. Approximately $630 million of American capital
is transferred to foreigners - many who hate us - each day!
Our own government is preventing the development of domestic
resources.
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