Pickens Plan

Pickens Plan

  • Submitted By: lilmafiyoso
  • Date Submitted: 11/06/2008 3:24 PM
  • Category: Business
  • Words: 732
  • Page: 3
  • Views: 660

|Pickens Plan |
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|Vast dependence on foreign oil has created an addiction. American way of life, the |
|environment and the economy is altering. The solution may take a risk in which |
|mankind has never seen before. |
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Pickens Plan

A friendship will eternally remain strong as long as the benefits are equally proportional. Once someone or something isn’t of value, friendship may perhaps become extremely hostile. In the business sense, individuals can demand what they please if in control of a major source which is limited and necessary (oil). Businessman T-Boom Pickens is well aware of the oil scarcity and how potentially dangerous it may become remaining dependent on foreign oil ports. His proposal known as the Pickens Plan suggests having the United States government invest $1 trillion to build numerous wind turbine farms helping lower the consumption of natural gas to power machinery. His plan argues to be able to reduce the nation’s expense on foreign oil by $400 billion.
A private company rather than the government would install thousands of wind turbines across the Great Plains from the Texas Panhandle to the Canadian border providing energy to the South, Midwest and Western areas of the United States. The wind turbines are 410 feet tall with blades reaching 148 feet in length gathering the winds kinetic energy. It’s claimed that in one year a wind turbine of 3-megawatt s generates as much energy as 12,000 barrels of imported...

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