T. Boone Pickens Plan

This is the longer explanation of T. Boone Pickens' plan. The Pickens Plan has created quite the chatter across the country. Many people are skeptical of Compressed Natural Gas (CNG) for automobile fuel, but at least he's offering a solution to many of our energy problems. Let's keep the dialog going.

From the Video
A lot taught you about a huge problem in this country asked. So we got a figure out how to solve it. Let me show you the magnitude of it. It all started a long time ago. In 1970. We were importing 24% of our oil. We didn't have enough to supply ourselves. Then, by 1990. We are importing 42%. Now we're in 2008 and were importing almost 70%. So here you are. We've gone from 24 to 42 to 70. Let me tell you how bad the problem is. At this point here we are importing 70% and the cost is $700 billion. Multiply that $700 billion by 10 and its $7 trillion. In 10 years will have exhausted $10 trillion from our country through importing oil. What are the resources we have to work with? We have oil 7 million a day. Out of 85 million barrels every day in the world. We are using 21 million of those. Pretty bag is in it? That's 25% of this oil, and we have 4% of the people. That's a problem. Out of a thousand people in America today 750 of them have cars. The world average is 120 cars per thousand people. In China 44 people out of a thousand have a car. So you can see that we are obviously the ones with the most cars. 70% of all the oil and produced goes to transportation fuel gasoline or diesel. We have call we can't use call for transportation. We have natural gas, we have biofuels and buy a diesel. We have hydroelectric power. We also have wind power and solar power, as well as nuclear. We won't talk about nuclear power year, because you can't use it for transportation. Natural gas or compressed natural gas is the only one that can really help us with transportation. We have a lot of natural gas. There are 8 million cars in the world today that run on natural gas. It works no question. This white board becomes the United States can up here. Mexico down there. There's a model town, right here it's called Sweet water taxis. Sweet water looks like a lot of towns and rural America. Wind revitalized Sweetwater Texas. We are building a big win far farm here in Pampa Texas. Shell oil company is building one here that's 3000 MW. This is in the middle of the United States. The wind looks like this. This is the wind Corridor.we have more wind than anybody else does.you have a beautiful wind corridor over here.here's the solar and the Southwest. Wind and solar can be used but not for transportation fuel. So this is how we're going to make it work. When you look at the power generation high. 50% is coal 20% is nuclear 22% is natural gas. This one natural gas is the one I want to go to work on. When the government gives me their study. It shows they have the wind corridor are well what you focus on is the 20% that we can do from win for electricity generation. Here it is again, the red being the primary wind corridor. It's a huge resource located perfectly in the center of the country, which can be transmitted both East and West. The people want it. They like the wind, and it creates income for them. We're going to take this 22%, and really get it out of the high because were going to do. 22% on wind from the government study. Silly it .2% wind power move the natural gas out and freeing up for transportation fuel. If this can be accomplished. It will reduce a lawyer, oil imports by 38%. In dollars that will be about $300 billion in savings. If we can cut this down by 300 billion by merely doing 22% of our electricity from wind. Take out that natural gas and freeing up for transportation fuels. We have plenty of natural gas in the United States. So here is the way to accomplish a huge reduction in the outflow of 700 billion. This can be expanded even greater.