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Summary:

Following the launch of his massive publicity campaign on Tuesday, T. Boone Pickens started to make the requisite rounds on major media to push the Pickens Plan. He kicked off the day as a guest host on CNBC’s Squawk Box, then sat down last night with […]

Following the launch of his massive publicity campaign on Tuesday, T. Boone Pickens started to make the requisite rounds on major media to push the Pickens Plan. He kicked off the day as a guest host on CNBC’s Squawk Box, then sat down last night with CBS’s Katie Couric to talk about America’s energy plan (embedded below).

In classically unequivocal Texan terms, Pickens laments that Bush does not share his energy vision for the U.S.:

I’d have to say that I wish that [President Bush] had seen what I believe I see about natural gas. Natural gas is really the only one of our natural resources in this country that can actually replace foreign oil and gasoline. And he went the direction of ethanol which I was not that interested in…I think he was too focused on ethanol.


Pickens, a longtime Republican supporter, tells Couric that he did show President Bush, a fellow Texas oilman, his energy plan — but to no avail:

He was interested and we had a long conversation about it and I went through my whiteboard presentation and all and he seemed to have interest in it but maybe just that day.

He makes Bush sound like a distracted schoolboy. Maybe Pickens should keep him after class.

In an op-ed in today’s Wall Street Journal, Pickens laid out his plan to solve what he sees as “the most serious situation since World War II.” In it he makes clear that while he’s confident America’s businesses can undertake his plan, he understands it will be policy that makes it happen. “The future begins as soon as Congress and the president act,” he writes. “We have a golden opportunity in this election year to form bipartisan support for this plan…We need action. Now.”

Meanwhile, out there on the Internets, the Pickens Plan has presence on MySpace (325 friends), Facebook (950 friends and 847 fans), Twitter (295 followers), YouTube (80 subscribers) and LinkedIn.

All told, the PR campaign is estimated to cost $58 million. But that’s just a drop in the bucket compared to the $12 billion T. Boone is putting into his wind farm and barely a droplet in contrast to the $1 trillion Pickens says the government will need to invest to make his energy switch plan work. Even though it doesn’t look like the current president will listen, we’ll see how the next one responds to heavily financed PR.

  1. the same people who squeezed the American public of their hard earned dollars are now posing as the saviors. Bush has a track record of making stupid decisions, whats new?

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  2. I have always been leary of the super rich. T. Boon Pickens. I dont know, Ive read a little about his plan but I dont know enough about energy to make a good judgement. I wonder what every one else thinks about his plan. You can see his plan at http://www.tboonpickens.com

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  3. [...] Luke: I have always been leary of the super rich. T. Boon Pickens. I dont know, Ive read a little about his plan but I dont know enough about energy to make a goo… Boone on Bush: “Too Focused on Ethanol” [...]

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  4. What is to know about energy except that we all need it. All renewables can plug directly into our electrical grids. Whichever way is not the problem. We need to deploy a technology to a particular area where it makes sense. i.e. it would not be wise to put more nuclear plants in CA. Other places would be more suitable.

    Yes we need to act immediately or mankind on this planet won’t make it. i.e. it is now being estimated that all ice at the North Pole will melt this summer. Not 10 to 20 years from now. THIS SUMMER. So how far can Greenland and the South Pole last.

    Electric Cars are the only viable option, so we should work towards that end. Ethanol won’t do us any good because we would have to plant the entire country to get enough corn to meet our requirements, then there is where would we drive to in the middle of a corn field. We were sold down the river and it was wrong. Let’s not forget how much grain it takes to feed livestock and what is happening to food prices not only from the cost of gas, but also because how much grain costs to feed livestock.

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  5. Mr. Pickens is off to a good start by putting his money where his mouth is. Here is my take on the subject.

    1. Wind will be important and we can create giga watts in a short period of time. GM, Ford and others should be gearing up for the production of wind turbines instead of laying off American workers. Can they manufacture them; of course they can. Will they; sure would be nice to create another 10,000 American jobs.

    2. Solar is coming along nicely. Nanosolar now has a continuous roll machine [one machine] which can create 1 gigawatt per year at $1.00 per watt. If it was me, I would put 25 of those suckers on line and find 10,000 workers to cover most of our rooftops with panels.

    3. Solar thermo is also getting competitive and with molten salt storage is good for several hours after peak use periods. At last count about 150 permits for several hundred mega watts of power are awaiting approval.

    4. Let’s not forget geothermal. It is much like nuclear since it acts like a base load plant. Base load plants are those that run 24/7/365. We have about 60 currently operating and they can be quickly brought on line.

    5. For our cars; I for one can’t wait until my local dealership has an electric or plug-in hybrid available. I am sick of the 20-25% efficiency of the Internal combustion engine.

    6. And then of course we need bio-fuels, geothermal heat pumps, maybe even coal to oil if we can do it clean and all the other stuff in the works.

    BUT what we need more than anything is ACTION. We need to get the NIMBY people on-board. We need to get the government out of the way or at least stop them from putting road blocks in the way of solutions.

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  6. And yes, we can sure use some of that compressed natural gas for our existing Internal Combustion Engines [ICE]. And did you know that natural gas burn so much cleaner that oil changes can be extended by thousands of miles.

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  7. Windbreaker Bob Wednesday, July 9, 2008

    I know some folks who are working on building a fuel that generates hydrogen from ammonia. Imagine powering your house off the grid and even getting paid to do so.

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  8. You can power your house and get paid by using solar now…doesn’t require some fancy “hydrogen from ammonia” system.

    The Pickens Plan is ridiculous. The answer is electric cars….not natural gas-powered cars. The infrastructure to support electric vehicles is there now. Most people drive daily within the range provided by electric cars..now. The electric car doesn’t care what the source of electricity is whether it be solar, wind, nuclear, natural gas, etc.

    Natural gas power plants are far more efficient than a natural gas powered internal combustion engine. Keep the gas where it belongs at the power plant.

    I realize T. Boone is out to make a lot of money on his plan and that is his incentive to put it forward. It is a ridiculous plan.

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  9. Hey T Boone, what about hydrous ethanol? We all know anhydrous ethanol is a stupid way to try to become energy independent. But why aren’t you talking about hydrous ethanol. China is moving in that direction while Brazil has always used hydrous ethanol while we’re stuck with this ridiculous anhydrous ethanol but I haven’t heard you talking about it.

    bobbyfontaine@verizon.net
    http://clandestinecandidate.com/cannazine.htm

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  10. There is a public Forum for discussions about Pickens plan :
    http://www.pickensenergyplan.com
    Cheers.

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