Monday, July 20, 2009

PickensPlan:


Writer Will Brackett takes a look at the state of the Pickens Plan at the one-year anniversary:
Brackett reminds his readers that a significant event occurred on the actual date of the one-year mark which was:
[O]n July 8 with the introduction of the NAT GAS Act in the U.S. Senate (Senate Bill 1408) with the measure’s sponsors, U.S. Sens. Orrin Hatch, R-Utah, and Robert Menendez, D-N.J., along with Sen. Majority Leader Harry Reid, D-Nev. The measure is the companion to House Bill 1835, which was introduced in the U.S. House of Representatives in April.
He also points out that Boone’s unwavering support for his plan to reduce America’s dependence on foreign oil has had an effect in spite of falling energy prices and the financing effects of the recession:
[T]here is no denying that Pickens has succeeded where no one else has in getting energy to the forefront along with health care in the national debate. Pickens frequently points out that U.S. presidential candidates and presidents have talked about reducing our oil imports for more than 30 years and yet nothing has been accomplished.
Brackett writes that Boone’s comfort with the most senior-level executives in the nation is paying off:
The biggest success so far has been Dallas-based telecom giant AT&T’s announcement that it intends to eventually possess some 15,000 natural gas-powered vehicles in its fleet and will begin by converting 8,000 or so existing gasoline and diesel-powered vehicles this year. In addition, AT&T will help with the refueling problem by carrying out plans to construct 40 refueling stations in areas where it has significant operations.
Mr. Pickens has shown no signs of slowing down as he continues a full schedule of meetings, public lectures and visits to Washington.
With his continued push, Pickens will help to transform our nation’s energy usage away from foreign oil and more toward cleaner-burning, affordable and abundant natural gas - which best of all, is ours.
To read the entire column click HERE.
– The Pickens Team