Texas billionaire T. Boone Pickens has proposed ‘The Pickens Plan’ to help come up with a way to reduce the United States dependence on foreign oil.

The United States currently imports 1/4th of the world’s oil production for just 4% of the world’s population.

The plan calls for the implementation of wind power to power 20% of the country’s electricity needs.  Then the natural gas that is used to operate the power plants could be used to replace a large portion of the gasoline and diesel used to power automobiles in the United States.

Here are the three biggest components of ‘The Pickens Plan’ proposed by T. Boone:

• Step #1: Using the United States’ wind corridor, private industry will fund the installation of thousands of wind turbines in the wind belt, generating enough power to provide 20 percent or more of the country’s electricity supply
• Step #2: Again funded by the private sector, electric power transmission lines will be built, connecting these wind power generating sites with power plants providing energy to the population centers in the Midwest, South and Western regions of the country.
• Step #3: With the energy from wind now available to operate power plants serving the large population centers in key areas of the country, the natural gas that was historically utilized to fuel these power plants can be redirected and used to replace imported gasoline and diesel as a fuel for thousands of vehicles in the transportation system.

T. Boone has made billions of dollars in his lifetime.  The reason for his wealth being he is an extremely smart man and is usually ahead of the curve.  Hopefully Congress and the next Presidential administration will put Boone’s proposal into action.

Read more about ‘The Pickens Plan’ at PickensPlan.com

Read more about T. Boone Pickens at BoonePickens.com