Dear Investor, T. Boone Pickens knows oil and gas. Having made his $3 billion fortune in natural gas, he’s one of the most revered experts in the industry. Now ‘ol T. Boone has a plan. And he’s so firmly committed to it, he’s spent two years and $62 million of his vast fortune (so far) to get the word out. Pickens wants natural gas-powered vehicles to displace foreign oil. More than 70% of the oil we import goes into cars and trucks with trucks being major oil hogs. Why not displace that foreign oil we guzzle with a fuel that’s abundant and available right on our home turf and rid ourselves of oil dependency? According to Pickens, every gallon of natural gas you put in a tank, you reduce foreign oil by a 1:1 ratio. Our energy guru estimates that the US could cut oil imports in half by creating a trucking fleet with 6.5 million 18-wheelers that run on natural gas – completed within just seven years. “We’re getting more and more dependent on the wrong people,” says Pickens. With shale gas coming on stream, our natural gas supply is more than abundant and the plan could work. Says Pickens, “...we should turn to it [natural gas] as an immediate replacement for foreign oil in fleets and heavy duty vehicles.” T. Boone isn’t alone. Exxon, BP and even Consol Energy, the fourth largest coal company in the world are on-board with natural gas as you see in a few minutes. I’ve been watching this energy play very closely and it’s clear that natural gas is going to be the “new oil” – or the bridge to the future as T. Boone Pickens calls it. Click HERE to find out about Pickens latest discovery that he is so excited about ... |
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