According to T. Boone Pickens, it can and he has long been frustrated as to the refusal of our leaders, ( ? ) to "go for it."
Financier T. Boone Pickens thinks natural gas makes sense. In his “Pickens Plan” television commercials he states, “natural gas is cleaner, cheaper, abundant, and it’s ours.“
From article:
"Recoverable reserves in the three state area — stretching from West Virginia through Pennsylvania to New York — could be as much as 500 trillion cubic feet. This would double the known shale reserves and boost total U.S. recoverable reserves to more than 2,500 trillion cubic feet.
"No energy source is completely free of environmental side effects, as evidenced in this case by local concerns about water quality where natural gas drilling is occurring. Care must be taken to safeguard water resources in gas-producing areas."
"Is it ours? Compared to AmericaÂ’s domestic oil reserves, which stand at a three-year supply,
the United States has at least a 110-year supply of natural gas within its own borders. We are not dependent on anybody else, anywhere, for any of this."
"So it appears that T. Boone PickensÂ’ claims are true. Natural gas is cleaner, cheaper, abundant, and itÂ’s ours.
"Considering the benefits to U.S. national security and the environment, U.S. energy policy should increase focus on natural gas. It may not be “the” solution to America’s energy problems, but it’s part of the solution."
David Baumann is a research associate at the American Institute for Economic Research, 250 Division St., Great Barrington, Mass.
Can natural gas solve U.S. energy problems?