T. Boone Pickens was on CNBC this morn launching his new energy plan. I love this guy. He's spending ten million dollars of his own fortune to publicize the plan and it's certainly worth a look.
T. Boone argues that we should build enough wind to replace the natural gas now being used to generate electricity and then convert cars from gasoline to NG. The goal is American energy independence. The technology already exists for NG vehicles--many buses here in the DC area run on NG. And NG is plentiful here in the US as long as the politicians and tree huggers will let us go get it.
More on all this later, but suffice it to say here that he's dead on when he points out the danger of sending $700 billion overseas every year to pay for oil, much of it to less than friendly folks in crazy parts of the world.
We send troops to fight and to die with the hope of stabilizing and democratizing the Middle East. At the same time we send petro dollars to Iran and Saudi Arabia who use those dollars to support the jackasses who are killing our troops.
It's got to stop.