The T.Boone Pickens Plan

Cheap oil is gone and so is the economy and prosperity that have depended on it. The only option is shifting quickly to an unlimited source of energy -- solar and wind -- as the basis for a new economy and sustainable prosperity for all.
From the Pickens Plan website, including a video:
America is addicted to foreign oil. It's an addiction that threatens our economy, our environment and our national security. It touches every part of our daily lives and ties our hands as a nation and a people. The addiction has worsened for decades and now it's reached a point of crisis.
In 1970, we imported 24% of our oil. Today it's nearly 70% and growing. As imports grow and world prices rise, the amount of money we send to foreign nations every year is soaring. At current oil prices, we will send $700 billion dollars out of the country this year alone — that's four times the annual cost of the Iraq war. Projected over the next 10 years the cost will be $10 trillion — it will be the greatest transfer of wealth in the history of mankind.
America uses a lot of oil. Every day 85 million barrels of oil are produced around the world. And 21 million of those are used here in the United States. That's 25% of the world's oil demand. Used by just 4% of the world's population. Can't we just produce more oil? World oil production peaked in 2005. Despite growing demand and an unprecedented increase in prices, oil production has fallen over the last three years. Oil is getting more expensive to produce, harder to find and there just isn't enough of it to keep up with demand.
The simple truth is that cheap and easy oil is gone. What's the good news? The United States is the Saudi Arabia of wind power. . . .http://www.pickensplan.com/theplan/
Read a Newsweek article: http://www.newsweek.com/id/145851 and watch a video.


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