Wednesday, August 06, 2008

Boone Doggle Boone Pickens may be a fine man, and has played a colorful and useful role on the American stage for decades. But his "energy plan," which he's spending a fortune to promote on cable TV, is not a plan. Asserting that something would be good to do is not "a plan." Saying how to do it is "a plan." By this standard, what the legendary oil man is devoting $58 million to pitch hardly amounts to a decent slogan. He would replace natural gas in electricity production with wind, and use the natural gas to power cars. He fails to mention any practical theory of how to get there -- that would really be "a plan." Instead, he relies on the deus ex machina of Congress, waving a legislative wand to make people do things they would choose not to do, given the extravagant and unjustified costs involved. Having reasons is not "a plan" either, but Mr. Pickens has his reasons. He says we spend $700 billion a year on foreign oil, which he calls a "transfer of wealth." But exchanging money for oil at the market price is an exchange of things of equal value. If we didn't value their oil more than our dollars, we wouldn't participate in such a bargain. In fact, Mr. Pickens's "plan" bears a family resemblance to John Kerry's 2004 "energy independence plan," which on closer inspection was merely a scheme to reduce oil consumption by a couple million barrels a day, an amount equal to our imports from the Persian Gulf. Whatever its utility as an upraised middle digit to the Middle East, it's a strategy that does not even succeed on its own silly terms....

1 comment:

Anonymous said...

In my opinion T-Boner is fixing to give it to the American people again. Isn't he aware that wind generated power needs wind and the best place for wind is in the West and there is construction of these towers and main transmission lines as we speak. I know to many ands..