Pickens expects that Obama Administration will embrace key tenets of Pickens Plan in first 100 days
In Arizona, T. Boone Pickens said that he expects that his plan for the improvement of the power grid, a major expansion of wind power, and a move towards increased use of compressed natural gas in vehicles will be announced in the first 100 days of the Obama administration. He said that he does not have inside information to this effect, but said that the Obama goal of eliminating Middle East oil imports within 10 years as a sign that the Administration would embrace the key tenets of the Pickens Plan.
“I think it can be done, but you’re going to have to do it with natural gas,” Pickens told Yahoo, adding that he hoped that the US would not repeat the experience of the 1970s, when President Nixon pledged to eliminate oil imports by the end of the decade.
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