Posts Tagged ‘pickens’

28th December
2008
written by Sean Noble

This graph shows why the push to alternative energy faces a rocky road.  We are a petroleum-based economy and $4-a-gallon gasoline had people talking up getting off our “addiction” to oil.  I believe we need to be working toward expanding our energy options – but the reality is that cheap gas means low incentive to change. 

T. Boone Pickens has picked wind and natural gas as winners in this deal.  But world markets still favor oil.  I applaud the “Pickens Plan” but it’s harder to sell when gas is less than $1.50-a-gallon. 

I still favor nuclear more than anything else.  It has smallest footprint-per-kilowatt-hour (yes, I care about unslightly stuff – like windmills and solar panels) and it is pretty much emissions-free.  If the French can figure out how to run their country on 80% nuclear (which I have seen first-hand), we have no excuses.