Pickens puts polish on plan to curb oil imports
Jul 16 - McClatchy-Tribune Regional News - Jay Marks The Oklahoman,
Oklahoma City
July 16--T. Boone Pickens has no intention of letting President Barack
Obama out of his campaign pledge to eliminate oil imports from the
Middle East.
The billionaire oilman posted a whiteboard presentation on his website
Thursday, updating the eponymous plan he has touted at his own expense
for more than two years. It is the first in a series of planned video
presentations.
Pickens maintains it is vital for the United States to stop importing
oil from unfriendly nations.
"There are eight years left on the president's campaign pledge
to eliminate Middle East oil in 10 years, and we want to help him and
our nation get there," he said. "The Pickens Plan is the only real plan
that can make dramatic progress on that goal using our abundance of
natural gas as a transportation fuel.
"We encourage Congress and all Americans to get behind this plan now.
There is no more time to waste. We have an opportunity, and we need to
take advantage of it."
Pickens said Americans use 21 million barrels of oil a day -- about a
quarter of what is being produced worldwide -- with 13 million barrels a
day coming from foreign sources. Five million barrels a day comes from
the Middle East, the Organization of the Petroleum Exporting Countries.
"That's my target. I want to get rid of this, because I think we're
importing oil from the enemy," he said, circling that figure. "We're
paying for both sides of the war when we're buying OPEC oil.
"This is not smart."
CNG for trucks
The main pillar of Pickens' plan remains increased use of natural gas as
a vehicle fuel. He said it is abundant and cheaper and cleaner than
diesel.
Pickens is targeting 8 million 18-wheel trucks in the U.S. He said
converting those trucks to run on compressed natural gas can cut
America's OPEC oil habit in half.
The rest can be addressed by increased use of CNG by drivers of the
other 240-plus million vehicles in the United States, he said.
"I somehow see this as a great opportunity to pull America together,"
Pickens said. "You are going to create a tremendous number of jobs out
of this."
Pickens' latest presentation drew plaudits from America's Natural Gas
Association.
"He makes some great points about the abundant supplies of natural gas
in the United States and the benefits that presents to our country,"
spokesman Dan Whitten said. "In addition, we think increased natural gas
use for power generation provides an incredible opportunity for the
environment, for energy security and for the economy."
Oklahoma City University professor Steve Agee, who oversaw a study into
the benefits of switching to natural gas, said the United States is
lagging behind other countries in using it as an alternative fuel.
"Many other countries are ahead of the United States with respect to the
use and development of natural gas powered automobiles," he said.
"Pakistan, for example, has an estimated 2 million natural gas vehicles;
and Argentina and Brazil are close behind.
"In comparison, the U.S. had 110,000 as of 2009."
Agee said natural gas is an excellent source of energy, but the United
States needs more fueling stations and affordable ways to convert
vehicles to run on CNG before it takes hold as a transportation fuel.
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