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We are spending $365 billion a year to buy foreign oil. In the next ten years, because we’ll be competing for OPEC oil with other large consumers of oil, we will be spending one TRILLION dollars a year for foreign oil.

21 Comments on “We can’t afford this”

Richard Grabowski Says:

Boone, You talk about the gas we have that is in shale. While this is an important resource, the only way to get the gas out of that shale is hydraulic fracturing technology. While the oil and gas industry declare this technology is safe, there is growing evidence that this technology pollutes the underground watershed to the point of making it unusable. People literally tell stories of setting the water from their kitchen sinks on fire. Is there a way to safely extract the gas, or are we just trading one problem for potentially a much worse problem. There are already predictions of water shortages, from global warming, in the very near future. If we pollute our water sources by fracking the gas, will this not result in dramatically higher costs? Sincerely, Richard Grabowski

Aaron R. King Says:

It has been apparent for many, many years that America needs an energy plan. It has also been apparent American needs to become energy independent. One of the most consistent and safest and cleanest sources of power generation is nuclear power production. Nuclear power technology has improved greatly in the last twenty years and is not the polluting and unsafe technology it was in the days of Three Mile Island And Chernobyl. While it is still an expensive technology to build and takes time to build nuclear power plants, why is it we can't get moving on building new nuclear power plants in locations in the US where they are most needed and would be most effective?

Barbara Wirkus Says:

Mr. King: Why do you and all the other advocates of nuclear power consistently ignore the insurmountable problem of nuclear waste? Any why aren't energy independent proponents pushing conservation of resources ? No alternative fuels are going to be enough to dig the US out of the energy hole until people star using less. REDUCE YOUR USE should be the battle cry.

Christopher Kuhns Says:

Today, the Etracer and Xtracer from Switzerland led in their class for the XPrize by delivering over 180 MPG. www.monotracer.com There is hope this country can break through its energy glass ceiling but it will take action.

John E. Hanley Says:

Mr. Pickens, I have been following your efforts carefully but recently I have begun seeing comments similar to Mr. Grabowski's above. Just how accurate are these warnings about the dangers of extracting Natural Gas and what is the response you would give to these comments? Is there any validity to these comments?

Steven Blanchard Says:

Barbara, et al., If you read Adam Smith or other (non-Keynesian economists), you will learn that INCREASES in PRODUCTIVITY are the only solution to a stable and growing economy - and this will require INCREASES in Energy - from my perspective ALL types of energy. Regarding nuclear waste, the Atomic Energy Commission started considering nuclear waste disposal in the 50s (a tribute to government decision making). The virtually indestructible casks for transporting nuclear waste have been available for 20 years, and the Yucca Mountain disposal facility has been mired in lawsuits for many years - but the problem is NOT insurmountable. Richard mentions a potentially valid point regarding hydraulic fracturing

Roland Olson Says:

I don't wish to trade the lives of folks in Pennsylvania for the ability to thumb my nose at OPEC. I have seen nothing that resembles an answer to the problems of fracturing. This isn't a random happenstance, it is happening in far too many communities. Make folks fear something and give them the snake oil to cure it. I fear that I may have gotten on the wagon and hawked some of the magic potion, myself. Answer the questions, Boon, is it worth the health of a few for the good of gas companies?

Robert Bronkie Says:

Richard Grabowski I am VERY concern about hydraulic fracturing, as you are. I travel throughout PA and in that state alone 3700 gas well permits where given out in 2009. I live in Western NY and we have under us the Medina Sand deposit. gas wells have been drilled here for over 60 years none have been hydraulic fractured that I have acknowledge of. Most off the PA wells are way out of view of the majority of the citizen of PA "BUT" the watershed that these wells are in include most of the Chesapeake and Ohio river. For the life of me I can not see why Boone, with his intelligence, can't see the repercussion of using hydraulic fracturing to retrieve this natural gas. We in NY have the same shale vein that PA has plus the Medina under 70% of this state. We should do just as Boone suggest. I only wish Boone would comment on how incredibly destructive hydraulic fracturing is and tell us how he can make this work with out hydraulic fracturing and retrieve the volume of natural gas hydraulic fracturing does. I guess I'll wait and see.

Richard Grabowski Says:

Dear Boone, In addition to your comments in the video, one of the main reasons that I joined up was your emphasis on alternative energy, especially wind energy. I understand that to make wind energy, solar, geothermal, or even nuclear work on a large scale we need a national energy grid. Please give us an update on your wind energy production efforts and where talks are with the national energy grid. Once we have the national grid the electric cars and natural gas driven trucks really start to make sense. But without the national energy grid and a focus on alternative energy sources this plan starts to fall apart.

Robert Stane Says:

I would like to see an energy comparison. What is the cost and availability of clean coal, petroleum, natural gas, wind, solar, nuclear, geothermal, tidal, hydroelectric...etc? What are the problems with each? I would like proof of the Picken's Plan that we can see for ourselves so that we can weigh carefully, discuss and come to conclusions about. I want to be convinced with the facts, after they are debated and challenged. Then I would like our legislatures to act without further delay.

Phil McQuillan Says:

Everybody knows all too well that we cannot trust the oil and gas industry to honestly evaluate and then to tell the consumer the real impact in lives lost and health ruined, nor will they fairly evaluate the risks on any kind of energy project. BP is just one currently notable example. There are thousands of lower profile examples. Posters here are right. T Boone correctly identifies the problem: our outrageous and foolhardy dependence on foreign oil. But, he does seem to be not just avoiding but maybe evading the issue of water table pollution from fracturing this gas out of the shale. He needs to answer the serious questions surrounding these potential health issues. If he doesn't then we can't trust him any more than we can trust Exxon, BP or any of them. In the end, will Boone be just another oil

linn Says:

To all the chicken littles out there. I would say that it sounds like you want to sell your childerns future to the middle east. Your are happy our country is going broke paying for imported oil. This is all to new to you and you don't like change. You have the power to make natural gas happen, but you would sooner complain that it could cause problems. Guess what we already have problems and it is called imported oil. Wake up!!!!

hc williamson Says:

Do we want to survive economically and enviornmentally ? Fossil fuels, used sensibily, are our only hope. By the time alternate fuels provide significant energy, 20 yrs will pass, and the US will be a third world country, relying on the charity of China and Saudi Arabia (fat chance ! ). In less than 10 yrs, we will be bankrupt unless we produce enough fuel to IMPORT NONE from terrorist states that are killing us daily and EXPORT enough to get our money back from China ! The moral rot that has despoiled all our institutions : business, government, politics, courts, entertainment, sports, media must be cleansed , or as De Toqueville said, "when America ceases to be good, America will no longer be great . "

Paul M. Rybski Says:

Like others in this list, I am aware of the problems of methane contamination of ground water sources caused by hydraulic fracturing of shale deposits. Most of my family now lives in Pennsylvania, where groundwater contamination by gas recovery wells is becoming really serious: http://thetimes-tribune.com/news/nearly-a-year-after-a-water-well-explosion-dimock-twp-residents-thirst-for-gas-well-fix-1.365743 The contamination in virtually all cases is not direct but instead due to inadequate sealing of the well as it is drilled. I encourage everyone to look at http://www.columbiapetroleum.com/Websites/columbiapetroleum/templates/cpTheme/video/hsd.html because it is clear where in the drilling and well-sealing process the contamination of the groundwater aquifer will occur. That said, somehow we must be able to explore safely for energy resources while protecting the groundwater resources essential to all of us. That will require additional regulatory oversight and development of techniques both to correct a damaged wellbore and to remove methane contamination from the pumped groundwater at its point of use. Conventional water softening systems are used to remove mostly calcium oxide/hydroxide and iron from "hard" groundwater. Such systems have been in use since the early years of the 20th century, and no one thinks of them as the decontamination systems they really are. But the common single-stage water softening systems replace calcium ions with sodium ions, rendering the softened water unsuitable for drinking, particularly for those with high blood pressure. A second-stage of purification is necessary to remove the sodium ions and make the water drinkable. In order for us to become energy-independent by using all of our natural gas resources, including those that require shale fracturing that will contaminate ground water resources, we will have to develop domestic and industrial-scale "water softening" systems that remove dissolved methane from groundwater and that prevent methane accumulations that can lead to water well explosions, one of which is described in the article referenced above. Paul M. Rybski, Physics, University of Wisconsin-Whitewater

Robert Stane Says:

A bit of politics here. An oil rig spill near Santa Barbara in 1969 began the enviro movement against oil drilling. I spoke with an engineer that used to work there. He stated that there is more oil at that one area than Saudi Arabia and it is already drilled and ready to be pumped! Alaskian ANWAR is similiar. The enviros show photos of a lush artic wilderness, but these are not the photos of the real ANWAR that is a desolate barren area. Newt Gingrich, "Drill Here, Drill Now, Pay Less" states that the US has $60 Trillion in untapped fossil fuels, but the political left is blocking it. Solar activity is the cause of global warming, not CO2. Yet the far left agenda is to have Socialistic Global Governance of limiting the use of inexpensive fossil fuels.

Rodney L Clemetson Says:

Everyone needs to know this -- there is a CLEAN, SAFE, NON-PROLIFERATING nuclear reactor design created 50 years ago by Alvin Weinberg at Oak Ridge. Alvin's molten-fueled, thorium reactor was up and running for 5 years before being squashed by DOD's need for plutonium and nuclear weapons. Yet here we are, still stampeding down the path to uranium-fueled, water-cooled reactors. Please take a look at the Thorium Energy Alliance (TEA) web site. I promise you'll be amazed. http://thoriumenergyalliance.com/ Alvin's old liquid-fuel reactor design (the "3P" -- a pot, a pipe, and a pump) could be engineered into commercial reality within two or three years. Coal generators could be completely phased out in 15 to 20 years. All our nuclear waste and weapons could be used as fuel and eliminated. Saudi Arabia, Iran and North Korea could have all the reactors they need without fear of nuclear weapon proliferation. All this with 1/1000th the toxic waste of existing reactors, and nearly 50% efficiency. As a bonus, there's enough cheap thorium (400 times more than uranium) to keep all the liquid-fuel reactors in the world running for the next one thousand years, and to desalinate all the water the world will ever need with the leftover heat. India, China and Russia are all researching liquid-fuel reactors. Let's finish what we started 50 years ago and get there first.

Gerald Compton Says:

Boone - There does not seem to be any word from you on Wind Power. Where are you on that technology? I know you are big on nat gas, but without the alternative sources we will never get ahead and leave a positive legacy for our kids.

gorgeouskim Says:

hi there hows it going

Garth Saalfiled Says:

T. Boone, and Army- You've got me; I'm 80% 'on-board', but I need to know about provisions to protect the environmental issues about fracking. I'm not 'hitting' on any specific or broad information when I enter a 'search'. Of course, I think 'The Plan' has to consider all 'alternative' energy sources (wind, solar, thermo., etc.), but each has it's own issues as well. I'm a strong proponent for wind and solar in (and around) all transmission lines and highway right of ways (R.O.W.s). Transmission lines of course on on 'private' (Public Utility) land, but highway r.o.w.s are public lands and a great place for wind turbines, solar panels, etc. with wide open access to transmit their power. I need to know how 'our' Plan deals with fracking. I've written before and have not been responded to. Satisfy this issue and I'm 100% supportive and will work 'tirelessly' (as if anyone can!) towards promotion of all our energy actions. Keep up the great work! (I'm also supportive (and member) of VoteVets.org, who are 100% supportive of a new, independent of foreign oil, energy plan!) Thanks! I'm just waiting to hear from you (T. Boone and/or the Army!).

jane coale Says:

right on Barbara. Conservation is the cheapest immediate solution. I practice what I preach (unlike AL Gore) by living in a 320 sq.ft RV for 10 yrs., using 1/8 of a normal family's energy and water. I was all for natural gas until I see the fracking problems- who do you believe? When are people going to buy SMALLER houses and drive less?? I read a quote 20 yrs. ago that the oil equivalent of the Alaska pipeline is lost through the leaks in our houses. How can anyone say conservation is irrelavent. It could save the equivalent of solar or wind at a tiny fraction of the cost.

i like car rims Says:

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