Thursday, February 21, 2008

The Best Oil Interview I've Seen in a Long Time

Usually, I have my TV set to the CNBC business channel during the day while working, but 99% of the time, the sound is muted. The best expression I've heard for this station is "bubblevision," and it is a good description of the cheerleading that goes on during most programs.

There are a few people for which I have an exception to the mute rule, and one of those is Texas oil and gas man T. Boone Pickens. You can see find some of the interview in the video at www.cnbc.com. As I was typing up this note, I decided to review the video, and what is interesting is that they cut the first half off, and it was the better half! The second half is still good and worth viewing. He mentioned that with the present oil price, the USA is now sending over half a trillion dollars a year overseas to purchase oil, and that we are pretty much heading for a disaster in this country if we don't change our energy policy, and further, that none of the presidential candidates seem to be clued into the problem.

Boone Pickens is a man who understands the issues that set me off on my treck to "go green." With time more and more seem to be coming around to this view. The question in my mind is will we reach critical mass soon enough to prevent a pending disaster?