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Oil price falling? What to do about gas prices? | Main | Do mileage-boosters work? »
Texas oilman T. Boone Pickens, now a major investor in wind energy and natural gas fuel, on Tuesday unveiled a proposal to substantially cut the nation's reliance on oil imports.
The "Pickens Plan" says the U.S. should spend $1.2 trillion to build massive wind-energy facilities that would supplant natural-gas-fueled power plants, freeing up that fuel for use in vehicles.
David Adams
 Global warming, gas prices, "green" living – how can you keep up with it all? The Fueling Station is your source for energy and environment news in Florida and beyond. From alternative energy to wetlands, Times reporters David Adams, Asjylyn Loder, Craig Pittman and Catriona Stuart provide the latest news, and let you know how it impacts your life, your pocketbook and your world. We welcome your ideas, experiences and opinions.
E-mail the blog authors:thefuelingstation@yahoo.com. |
This seems like a great idea ... until the government screws it all up by limiting where companies can drill for natural gas, imposing new "windfall" taxes, etc.
When that happens, our natural gas imports (currently running at about 15-20%) will start mirroring what oil has done over the past 20 years. The great "solutions" cooked up by Congress has driven our imports of oil higher.
Why do you think that this would be any different?
Posted by: Tino | July 09, 2008 at 10:43 AM