Boone Lauds President's Call for Natural Gas Use

T. Boone Pickens was on CNBC’s Squawkbox program this morning to discuss President Obama’s call yesterday to increase the use of natural gas as a principal transportation fuel in the United States.

Pickens, who announced the formation of The Pickens Plan on Squawkbox in the summer of 2008, said that the President now agreed with him that utilizing domestic resources was the only way to significantly reduce our dependence on OPEC oil and the only domestic resource to do that was to move heavy-duty trucks and fleet vehicles from imported diesel to domestic natural gas.

Watch below.