On my Fox Business program this week (Thursday 8pm ET / Friday 10pm ET), we talk energy and innovation with oil billionaire T Boone Pickens. It’s also the subject of my syndicated column this week.
You probably know Pickens from all the TV ads for the “Pickens Plan”. He wants America to move towards energy independence by replacing foreign oil with natural gas and wind energy. He admits this requires tax credits and other subsidies that he prefers to call “incentives”, but he says it’s worth it because today, our energy security depends upon countries that don’t like us very much.
To that, I say:
— “So what?” Interdependence is just fine!
Read more at John Stossel’s Take –>
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See Also:
- IEA Says Developed-World Oil Demand Already Looking Weaker Than Expected
- For Just $8.50 A Barrel, Exxon Made New American Oil Appear Out Of Thin Air
- Reminder: Here’s Where The US Gets Its Oil