|Former Wind Power Tycoon Touts Natural Gas|
|by Tom McGregor||Thu, Jul 26, 2012, 07:41 PM|
Former Amarillo-based Wind Energy tycoon, T. Boone Pickens, is now calling for Americans to make the switch to natural gas. He outlined his new energy strategy, called the Pickens Plan, in the Houston Chronicle.
He wrote, “four years ago this month we kicked off the Pickens Plan and changed forever the discussion of energy in the United States.”
Mr. Pickens intends to convert 8-million heavy-duty trucks on domestic natural gas, rather than continuing to run on imported diesel. He emphasized that natural gas is cheaper and cleaner than imported diesel.
T. Boone Pickens added, “at the height of the oil and gas price increases of July 2008, natural gas peaked at $12.19 per thousand cubic feet (Mcf). Today, after the recognition of the amount of natural gas that is available from America’s massive shale deposits, natural gas is selling under $3.”
He pointed out that using natural gas as a fuel for 18-wheelers had been a good idea at $12 per Mcf, and even better at $ Mcf, which would save truck drivers $1 per gallon equivalent.
To read the entire article from the Houston Chronicle, link here:
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