Boone has an energy plan

Boone Pickens is such a promoter.

He is especially enamored of natural gas, the rights to which he owns in abundance all across the United States, and that surely includes the Texas Panhandle, where he still lives part of the time.

http://www.pickensplan.com/boonecam/2013/07/22/high-gasoline-prices-and-the-need-for-natural-gas/

He says yet again that the recent spike in gasoline prices is caused by our nation’s habit of importing oil from overseas. He mentions specifically Venezuela and the Middle East. How does the nation bring down the price of gasoline? We need to invest in more natural gas development, the fossil fuel magnate says.

OK, he’s got a point. He trumpets the cleanliness of natural gas. Pickens says it’s plentiful. He’s indicated that natural gas reserves will outlast by a good bit the oil reserves that sit beneath the sand of, say, Saudi Arabia, Kuwait and the United Arab Emirates.

I’m willing to set aside Pickens’s vested interest in natural gas development. He stands to make a bundle — as if the gazillionaire needs more money — if we do more to develop gas reserves.

Pickens has been arguing for many years about the need to convert large-vehicle fleets — comprising long-haul trucks and buses — to natural gas. It does make sense.

People in very high places ought to take this fellow seriously. Boone Pickens does have some baggage. He’s been a controversial figure for many years. He’s made — and lost — many fortunes. But he knows the energy business better than most of us.

Yes, he’s got an enormous stake in natural gas development. That investment does not make his ideas on how to repair our nation’s energy policy any less worthwhile.