http://www.usatoday.com/money/industries/energy/2008-07-08-t-boone-pickens-plan-wind-energy_N.htm

T. Boone Pickens wants to replace oil consumption with wind power, and he is prepared to bankroll part of our national effort to do so. Today, Americans import just under 70% of our oil, an increase from 20% in 1970 and 42% in 1991. Pickens has made his fortune through investing in oil and through his energy hedge fund, BP Capital.

"We're paying $700 billion a year for foreign oil. It's breaking us as a nation, and I want to elevate that question to the presidential debate, to make it the No. 1 issue of the campaign this year," Pickens says.

Today, Pickens will take the wraps off what he's calling the Pickens Plan for cutting the USA's demand for foreign oil by more than a third in less than a decade. To promote it, he is bankrolling what his aides say will be the biggest public policy ad campaign ever. The website, pickensplan.com, goes live today.

Jay Rosser, Pickens' ever-present public relations man, promises that Pickens' face will be seen on Americans' televisions this fall almost as frequently as John McCain's and Barack Obama's.

"Neither presidential candidate is talking about solving the oil problem. So we're going to make 'em talk about it," Pickens says.

Indeed, though Sweetwater is a windy place, plenty of locations farther north in the Great Plains are even better suited to wind farming. One is about 250 miles north of Sweetwater, near Pampa, northeast of Amarillo in the Texas Panhandle. That's where Pickens is building what would be the world's largest wind farm, four times larger than the current titleholder near here. So far, he has spent $2 billion on the project, including a record purchase of nearly 700 wind turbines this year from General Electric. He expects to spend up to $10 billion on the project and to begin generating electricity in 2011.

USA Today; July 8, 2008

Submitted by B. Shapiro