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Wednesday, April 27, 2016

T. Boone Pickens Outlines a Plan to Make OPEC Irrelevant

From a T. Boone Pickens article written for Forbes:
Thankfully, we’re now a nation with options. Credit stunning advances in horizontal drilling and fracking that position us rich in energy resources. We’re now the number one natural gas producer in the world, and in the top three for crude oil production. 
America’s potential energy future has never been brighter. But there’s a challenge, and that’s whether we – as a nation – are willing to learn a lesson we should have learned 40 years ago, and that’s putting our own energy future in our own hands. 
The best way to do that is to utilize free market principles and inject serious fuel competition in the transportation mix. Governments at all levels can and should lead the way. One way to start: Open their fleet vehicle and fuel purchasing to competing domestic fuels. Let the cleaner, cheaper, domestic option – and taxpayers – win. Let’s make OPEC and those other oil-producing nations irrelevant.
Read the whole article by clicking here.

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