Boone Pickens’ Passion
Oilman, hedge-fund investor and wind-power developer T. Boone Pickens is mad and he’s not going to take it any more. That’s a good thing.
He spoke with me in a lively Q&A format on June 10 at our Energy Capital Forum conference in Houston. I say lively because refreshingly, Pickens does not mince words. At age 80, he feels no need to worry about stepping on someone’s toes.
I asked him what the presidential candidates should be telling the American people about energy. ‘The truth,” he said.
That truth includes the fact that ethanol is an “ugly baby” that will only go so far to satisfy our energy demand.
That truth includes that the U.S. is spending $700 billion a year on imported oil in what Pickens says is “the largest wealth transfer to other nations in history.”
Pickens vows to force himself and energy issues into the coming presidential election debate by his own activism and some new TV commercials.
For more on his remarks, go to www.OilandGasInvestor.com.
–Leslie Haines, Editor in chief, lhaines@hartenergy.com
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