Drilling More Not the Answer
Posted Thursday, July 24, 2008 at 12:06:12 PM
The media has been in a frenzy about the recent ad campaign launched by T. Boone Pickens, an octegenarian billionaire oil man who has asserted that drilling for more oil will do “nothing to lower gas prices.”
Pickens is proposing an ambitious energy plan in which he invests $10 billion to construct “the largest wind farm in West Texas,” which would in turn make available additional natural gas that could supposedly replace foreign oil as the driving force in the U.S. economy.
Pickens not only calls for an alternative plan to oil drilling, but calls the Republican rhetoric on the issue “completely misleading.”
The irony of an oil man-turned-environmentalist is perhaps not the greatest irony of Pickens’ transformation. In 2004 Pickens made his mark on the presidential race by funneling $3 million into the Swift Boat Veterans for Truth campaign.
Posted by Jack Craver.
Ammar Al Marzouqi (July 25, 2008 @ 2:12am):
I wonder, why couldn't the Dems and Reps just agree to do both. Allow drilling where it's environmentally viable. While investing in alternative energy?
I mean. It would spare the world a lot of pain and misery (Iraq) if the US would tap into its own abundant oil resources.
I'm no expert on this subject though. Just wondering.
Ammar Al Marzouqi (July 25, 2008 @ 2:13am):
I wonder, why couldn't the Dems and Reps just agree to do both. Allow drilling where it's environmentally viable. While investing in alternative energy?
I mean. It would spare the world a lot of pain and misery (Iraq) if the US would tap into its own abundant oil resources.
I'm no expert on this subject though. Just wondering.
Anonymous (July 26, 2008 @ 1:22am):
Funny how someone who makes money selling oil doesn't want us to drill anymore. It couldn't be because the higher the price of oil the more money he makes. Maybe he thinks natural gas ought to be the driving force behind the US economy because he owns one of the largest natural gas companies.
The motives behind this are too easy to sniff out. Just look up a listing of the companies he owns and follow the money ... right into his pockets.
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