Showing posts with label T Boone Pickens. Show all posts
Showing posts with label T Boone Pickens. Show all posts
Tuesday, July 22, 2008
T Boone Pickens Plan To Save Us From Foreign Oil
Over a year ago, I read a T. Boone Pickens interview in Playboy Magazine. He made an outrageous claim that $55/barrel oil was heading towards $100/barrel sooner than we could imagine. It sounded like crazy talk. But it made me nervous so the next day I bought up shares of a crude oil tracking ETF that trades under the ticker, OIL. Smartest thing I'd done in a while. Well, Pickens is now in the public eye with his Pickens Plan. His answer to end dependence on foreign oil by leveraging mostly domestic natural gas and solar power. Now, the thing about Boone is he's a business man. So you gotta assume his campaign is motivated by business. And he's one smart business man. If I remember correctly, he made an ill-conceived investment in ethanol but has since corrected course. I think it's worth keeping Pickens on your radar and hearing what he has to say. Check out his website and welcome video below:
Subscribe to:
Posts (Atom)