USA Today reports Texas oilman T. Boone Pickens wants to supplant oil with wind
and has created an aggressive advertising campaign to do so..
Of the economic impact of US thirst for imported oil, Mr. Pickens had this to say:
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"We're paying $700 billion a year for foreign oil. It's breaking us as a nation, and I want to elevate that question to the presidential debate, to make it the No. 1 issue of the campaign this year," Pickens says.
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"This is not about Republicans vs. Democrats," Pickens says. "This is about saving our country from the ruination of spending $700 billion a year on oil imports. Ninety days after the oil hits our shores, it's all burned up, and we've got nothing to show for it. But they (foreign oil producers) still have our money. It's killing our economy."
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To those who believe we can drill our way out of our dilemma and dismiss Peak World Oil Theory, Mr. Boone, who made his fortune in oil, had this to say:
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Pickens is an outspoken believer in the so-called peak oil theory that holds that maximum world production has peaked at about 85 million barrels a day — vs. current demand of about 86 million barrels a day — and will never rise much above that even with lots of new drilling and production.
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The article details wind turbines erected in Texas, the power generation potential and the need for federal support - a good read for those interested in alternatives.
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It makes the well-funded opposition to Cape Wind that has successfully delayed construction for almost 8 years, that much more foolish. Time for the Commonwealth to move forward with sensible solutions.
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Middleboro has an LNG station in its midst. Maybe it's time to include that in the Town's future plans.
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