Oil man preaches energy independence | McClatchy Washington Bureau

×
Sign In
Sign In
    • Customer Service
    • Mobile & Apps
    • Contact Us
    • Newsletters
    • Subscriber Services

    • All White House
    • Russia
    • All Congress
    • Budget
    • All Justice
    • Supreme Court
    • DOJ
    • Criminal Justice
    • All Elections
    • Campaigns
    • Midterms
    • The Influencer Series
    • All Policy
    • National Security
    • Guantanamo
    • Environment
    • Climate
    • Energy
    • Water Rights
    • Guns
    • Poverty
    • Health Care
    • Immigration
    • Trade
    • Civil Rights
    • Agriculture
    • Technology
    • Cybersecurity
    • All Nation & World
    • National
    • Regional
    • The East
    • The West
    • The Midwest
    • The South
    • World
    • Diplomacy
    • Latin America
    • Investigations
  • Podcasts
    • All Opinion
    • Political Cartoons

  • Our Newsrooms

You have viewed all your free articles this month

Subscribe

Or subscribe with your Google account and let Google manage your subscription.

National

Oil man preaches energy independence

Kerry Hall - Charlotte Observer

November 03, 2008 07:12 AM

T. Boone Pickens may seem an odd one to preach the saving graces of alternative energy, given he made his billions running oil and gas companies and investing in companies such as ExxonMobil and Occidental Petroleum.

In a visit to Charlotte last week, he said some people have even suspected he's terminally ill.

"I haven't changed. I'm still an American," he said. He'd drill a new oil well "right now if I had a good place to drill it." But he firmly believes the country can't continue to depend on the 12 million barrels of oil it imports each day for its future. Alternative energy, he said, "has an opportunity now."

More North Carolinians than any other state's residents have signed onto his Pickens Pledge, he said, which asks the presidential candidates, Democratic Sen. Barack Obama and Republican Sen. John McCain, to enact his plan within the first 100 days in office if elected. His army, as Pickens calls it, has hit 158,000 in N.C. and includes Democratic U.S. Senate candidate Kay Hagan and Republican Sen. Elizabeth Dole. His plan calls for investing in wind turbines and using natural gas for transportation fuel.

Pickens didn't have an explanation for why he his plan is more popular in the Tar Heel state.

He urged consumers not to be lulled by falling gas prices, which dropped 25 cents a gallon nationwide last week alone. It's false comfort, he says, because gas prices will rise in the future. Ticking off the reasons Americans need to change energy policy, he said: Since 1970, oil imports have grown from 24 percent to nearly 70 percent; Americans consume 25 percent of the world's oil but own 3 percent of the world's oil reserves.

Read the complete story at newsobserver.com

Read Next

Guantanamo

New USS Cole case judge quitting military to join immigration court

By Carol Rosenberg

January 07, 2019 12:20 PM

In another setback to resumption of the USS Cole tribunal at Guantánamo, the Air Force colonel who was supposed to preside in the case has found employment in an immigration court.

KEEP READING

MORE NATIONAL

Congress

Here’s when the government shutdown will hurt even more

January 04, 2019 03:25 PM

Congress

Mitch McConnell, ‘Mr. Fix It,’ is not in the shutdown picture

January 04, 2019 05:14 PM

White House

HUD delays release of billions of dollars in storm protection for Puerto Rico and Texas

January 04, 2019 03:45 PM

National

Perry Deane Young, NC-born Vietnam War correspondent and author, has died

January 03, 2019 01:48 PM

Congress

Delayed tax refunds. Missed federal paychecks. The shutdown’s pain keeps growing.

January 03, 2019 04:31 PM

Congress

Sharice Davids shows ‘respect’ for Pelosi’s authority on Congress’ first day

January 03, 2019 03:22 PM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

McClatchy Washington Bureau App

View Newsletters

Subscriptions
  • Newsletters
Learn More
  • Customer Service
  • Securely Share News Tips
  • Contact Us
Advertising
  • Advertise With Us
Copyright
Privacy Policy
Terms of Service