Investor, businessman and philanthropist T. Boone Pickens saw a problem with energy consumption in the United States. The U.S. currently imports 70 percent of its oil from abroad at an annual cost of $700 billion. Pickens publicized a plan today that encourages moving the use of cleaner, cheaper, domestic natural gas from power generation to transportation energy and replacing it with wind power. The details of his plan are available on www.pickensplan.com
Currently, 22 percent of power generation in the U.S. comes from natural gas (along with 50 percent coal, 20 percent nuclear, 8 percent "other"). By harnessing the endless and powerful wind currents in the middle of the country, wind power could replace that 22 percent currently required of natural gas. That leaves the natural gas available for use in transportation energy. Over 8 million cars, trucks and busses already run on natural gas.
By making this transition, the U.S. can lower its dependency on foreign oil by 38 percent. This means that Picken’s Plan would save the U.S. $300 billion per year in oil imports. Can America tap the endless resource of wind and make a fundamental change in our energy consumption? T. Boone Picken thinks so. Find our more at www.pickensplan.com
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