BobMason

Should We Listen to Boone Pickens on Oil?

Unfortunately, it appears that Mr. Schwartz is taking a short-sighted approach, like too many politicians in this country, concerning energy prices and their relationship to the success of the Pickens Plan. He unfairly suggests that Mr. Pickens would make a distorted, inflated analysis of future energy prices to secure more support for his energy plan. First, the oil prices over the coming months may inspire some energy users to take a harder look at the Pickens approach, but most Americans are already fed up with the pump prices they see every day. They don’t need any additional incentives or scare tactics to want workable solutions. Second, what Mr. Pickens or anyone else thinks about oil pricing over the next three or six months, will probably have minimal impact regarding the plan’s success. Some people may be more interested in the Pickens Plan due to high oil prices, but it’s not a short-term solution to high gas prices or other energy challenges. The Pickens Plan is a blueprint to cut foreign oil imports by more than one-third over the next decade and develop a reliable, affordable energy system for our future.