Texas oil man speaks to university future leaders

Turkmenistan News.Net
Thursday 8th January, 2009

Famous US oil magnate, T. Boone Pickens, has told political leaders they should quickly accepy natural gas and wind power as part of a US energy plan.

The Texan oil billionaire has warned higher prices are on the way for oil.

Speaking in a lecture hall at Rice University, the 80-year-old said he hoped Barack Obama was prepared for the new challenge and called for the young people in the audience to fight for a national energy plan.

He said an energy crisis could crush the hopes of younger generations.

Mr Pickens said: 'We do not have a plan..and a fool with a plan can beat a genius with no plan. You have got to help get a plan for this country.'

Pickens has been spending his own considerable fortune in a campaign to convince US leaders they should adopt wind power to replace the natural gas used in electric power generation, with the gas then being used to displace a portion of the oil being used to produce gasoline.

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