T. Boone Pickens spoke on the campus of Notre Dame University yesterday in South Bend, Indiana. According to an article in the South Bend Tribune by Margaret Fosmoe, Boone told the students:

“The United States can no longer afford to rely on foreign sources for most of its energy needs. The credibility of the U.S. suffers every day we import 70 percent of our oil.”

Boone told the students at the DeBartolo Performing Arts Center that “world oil production has just about peaked” and “as production declines, prices will continue to rise.”

Fosmoe wrote, “The best solution, he said, is to reduce dependence on foreign oil by increasing domestic use of natural gas.”

To read the entire article from the South Bend Tribune, click HERE.

– The Pickens Team

This entry was posted on Tuesday, October 27th, 2009 at 7:44 am by admin in In the News, Pickens Plan.
You can follow any responses to this entry through the RSS 2.0 feed.
You can skip to the end and leave a response. Pinging is currently not allowed.