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11/2/08

Charlotte Business Journal: T. Boone Pickens not bullish on energy smarts of Obama, McCain - by Kent Bernhard

For the comple report from the Charlotte Business Journal click on this link

T. Boone Pickens not bullish on energy smarts of Obama, McCain - by Kent Bernhard

It's the end of a long Wednesday and T. Boone Pickens is in the Nashville studio of the RFD Network, surrounded by young members of 4-H clubs and Future Farmers of America. It seems the 80-year-old billionaire has touched a nerve with these young people. They chant, "Boone! Boone! Boone!" Maybe he's got a few new recruits here to the 1.5-million-strong Pickens Plan Army of supporters he's built to back his proposal to start weaning the U.S. off foreign oil. Pickens and his army want wind farms across the Great Plains to generate electricity, and natural gas to be used as a transportation fuel, reducing the need for foreign oil. The Texas oilman turned wind farmer and hedge-fund manager believes so much in his plan for weaning the United States off foreign oil that he's barnstorming the country like a candidate in the final stretch of a campaign. He's already spent $40 million on television commercials pitching his proposal. "We have gotten ourselves into such a hell of a mess," he says. "We don't have oil, but we operate like we do. We Americans have got to solve the problem."

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