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  • Wind, Natural Gas ETFs: Oil Man Pickens Thinks You'll Make Money [View article]
    The idea and the very word of energy independence is to me fingernails scratching a blackboard. It is a phony fraudulent self deceptive phrase. It aint gonna happen Gary unless the US can produce an additional 13 million barrels a day. The only way to achieve energy independence is to remove 13 million barrels of demand and if you care about saving the dollar, the budget, balanced trade, the future of your children and the environment, that is where the effort needs to be expended. The Pickens plan has some great features and you can throw up wind turbines a whole lot quicker than nuke plants. The switchover to NG is probably not feasible but starting to electrify the transportation network is a no brainer. Switching from one fossil fuel to another has no real benefit. The efficiency is largely the same, the costs are high and the reserves just aren't there in North America and the price of gas would of course go through the roof.
    Jul 16 10:17 am |Rating: 0 0 |Link to Comment
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