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July 31, 2008

Comprehensive energy plan

This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
William Faris
Founder, William Faris Consulting
Implications: Energy independence is a strategic and immediate initiative that needs to be engaged in the same way that President Kennedy addressed our need to lead in space technology. In both cases our economic system and our very survival as a civilization depend on it T. Boone Pickens is offering leadership and insight.

Analysis: Boone Pickens is an oilman and he knows the energy business from the inside. His proposal makes a lot of sense and is realistioc and attainable.
Automobiles have the technology already to run on Natural gas and North America is blessed with abundant reserves of that resource. In addition we have Solare and wind power that can augment fossil fuels to reduce our dependence on overseas supplies.

Interestingly, some of the largest reserves of oil are located in some of the least friendly nations. The Gulf states, Nigeria, Russia and Venezuella all are unreliable allies.

Nancy pelosi has blocked all attempts to drill offshore and in ANWAR in spite of the fact that the Chinese are drilling off Cuba.

The USA this is a matter of survival. its true we cannot drill our way out of the mess we are in, but with Wind, Solar, natural gas and other resources as well as some behavior modification of the SUV generation, we can once again lead the world

Other Analyses of the Same Source Article:
Let the Renewable Energy Markets Slug It Out
August 4, 2008, Author: Mark Burger, Principal, Kestrel Development Company
No Simple Solution
August 1, 2008, Author: GLG Expert Contributor
energy addiction is a complex formula
August 1, 2008, Author: William Faris, Founder, William Faris Consulting
This plan will help but no single plan or alternative can produce "Energy Independence"
July 31, 2008, Author: Sam Timpano, President, Sam Timpano & Associates
The Pickens Plan: A Solution?
July 30, 2008, Author: GLG Expert Contributor

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