Saturday, September 3, 2011

T.Boone Pickens Texas Oil billionaire spells out peak oil disaster our government ignores

Tranzwatching in |Dallas, Texas, USA

Sometimes it pays to hear the message from the horse's mouth and with a Texas style drawl.

T.Boone Pickens,  Texas oil billionaire, conservative, financial backer of George Bush, is investing in USA's biggest wind farm project. 

Pickens doesn't mince his words on the crisis facing the USA (and world) over oil production shortfalls, world demand now exceeding ability of oli wells to produce, in this YouTube from US News channel CNBC

Wikipedia quotes The Washington Post  which has said that "perhaps the strangest role" Pickens "has fashioned for himself is his current one: the billionaire speculator as energy wise man, an oil-and-gas magnate as champion of wind power, and a lifetime Republican who has become a fellow traveler among environmentally minded Democrats ..." .

In an editorial, the New York Times reports Pickens "has decided that drilling for more oil is not the whole answer to the nation's energy problems.

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