Pickens plan to reduce dependency on foreign oil

With a new President taking office in a short time many changes have
been promised and hopefully these promises are kept.  One issue that
faces us as Americans is the dependency we have on foreign oil.  For a
country that makes up 4% of the worlds population we use make up 25% of
the worlds oil demand.

85 million barrels of oil is produced in the world and the cold hard
facts show that oil is becoming harder to find and more expensive to
produce.  This does not bode well for us Americans looking for relief
at the pump.  As it stands, the United States imports 70% of its oil.
I might not understand the full economics of the oil trade but to me
that seems excessive and think about the money going oversees to
countries like Saudi Arabia and China, who we borrow money from, to
purchase oil from Saudi Arabia.  We borrow money from China to buy oil
from Saudi Arabia??  Hmm, interesting.

The Pickens Plan outlines the following as a means to reduce our oil dependence.

What is the solution?

Well, this all seems discouraging but there are solutions to the problem.  The solutions are wind power, natural gas & nuclear power.

Wind Power – Studies have been conducted throughought the Great Plains and it has been concluded that 20% of America’s electricity can come from wind.

Wind power currently accounts for 48 billion kWh of electricity a year
in the United States — enough to serve more than 4.5 million
households.  The potential is there, no question.

The skeptics say what if you cannot capture enough wind to produce the proper amount of electricity.  Even if 20% of the wind is captured worldwide wind power can generate electricity which would satisfy the global demand 7 times over.

Natural Gas – Natural gas is one the cleanest forms of energy in the world.  Not only is it the cleanest but it is cheaper than gasoline or diesel.  The cost is slightly lower than $1 a gallon.  Why is natural gas such an afterthought here in the states?

It only makes sense to bring natural gas to the forefront.  Cheaper, cleaner & accessible right here in North America.  98% of the natural gas used in the United States is from North America and the reserves are twice that of petroleum.  Unfortunately only 1% of natural gas is currently used for transportation.

Natural gas however does produce 22% of our electricity.  If we could increase electricity generation through wind power we could then free up the natural gas to be used on transportation fuel.

……………..

“The Pickens Plan is a bridge to the future — a blueprint to reduce
foreign oil dependence by harnessing domestic energy alternatives, and
buy us time to develop even greater new technologies.”

If you can start helping by supporting the Pickens Plan here..

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