T. Boone Pickens is a proponent of the much-debated peak oil theory. He believes the oil price shocks we have experienced this year are only the beginning. He sees much tighter supplies in the future. At age 80, he is doubling down on wind and natural gas to break America’s addiction to oil.
As Seeking Alpha writes in a lengthy, considered look at the Pickens Plan, the Texan oil billionaire is a man on a mission and with a simple message: Ditch foreign oil and rebuild America’s domestic energy industry for a green and happy future.