According to T. Boone Pickens, Texas oil-man-extraordinaire, America is facing a true, very real crisis: We must change our approach to both energy and consumption, or we will forever be paying ungodly amounts of money for gasoline and be captive to foreign interests, not our own.
My facts may be a hair off, but according to T. Boone, there are 4 cars per 1,000 people in China, 11 per 1,000 people in India, roughly 240 cars per 1,000 people in Europe, and almost 750 cars per 1,000 in America. Speaks to both our excess and the growth rate for places like China and India. Worldwide the globe eats up one million barrels more per day than the 85million barrels produced. American companies are paying non-Americans more than $700 BILLION annually for our share, which is about 21% of the daily production.
Unfortunately, whatever we don’t use, China and India are eating it up. In fact, China is paying countries like Venezuela for future oil rights which may freeze America out. China is contracting with Cuba to begin drilling for American oil!!
Understand that everyone needs to know the facts, and find a solution. We are importing nearly 70% of our energy needs, and giving nearly a TRILLION dollars to others who turn around and are using 42% of it to buy our banks, businesses and properties from us.
So what can you, and I, and Keri do? First, we can change our habits. That’s why I am trying to ride 2 or 3 days each week. We also need to buy smaller cars, combine trips, etc. We need to use every available resource like solar, wind, natural gas, hydro, drill for domestic oil, electric, alternate fuels (yes, even ethanol which really has not panned out).
We also need to get behind people like T. Boone Pickens, who have a plan for the future, which is bi-partisan, and needs to be rallied behind by everyone. Within 10 years we can realistically cut our foreign dependence by 38%, save more than $300 BILLION annually, and turn that money into American jobs and investment.
Listen up and watch for what he has to say. It is a simple plan, with resources immediately available, and passes a basic test that is renewable, domestic, creates American jobs, and cuts into buying foreign energy. I’m all for it. And our next President, whoever it is, better be as well.