Pickens: 3 Golden Rules for Energy Independence

T. Boone Pickens appeared on CNBC to discuss his “three golden rules for energy independence” in America. He said we are taxing domestic natural gas at a higher rate than we tax imported diesel – propping up the OPEC cartel.

Second, he believes we should start selling off – over a 10 year period – about half of the oil in the Strategic Petroleum Reserve. Third, we should form a North American Energy Alliance with Mexico and Canada – “now you’re energy independent – you don’t need Middle East oil at all.”

Here’s a link to the entire interview on CNBC.

— The Pickens Team