Monday, July 28, 2008

Liberals have done a U-turn on conservative billionaire oilman T. Boone Pickens.

Is T. Boone Pickens 'Swiftboating' America?
 Liberals have done a U-turn on conservative billionaire oilman T. Boone Pickens.

Formerly reviled for funding the "Swift Boat Veterans for Truth" campaign against Sen. John Kerry, he's now adored by the Left — unfortunately, for trying to gaslight the rest of us on energy policy.

This column recently spotlighted Pickens' proposed plan to get America off foreign oil by substituting wind-generated electricity for natural gas-generated electricity and then using the natural gas to replace gasoline.

Already having addressed the proposal's flaws — and Pickens' plan to profit at taxpayer expense from it — let's consider how Pickens' marketing shades the truth.Aside from the fact that the Department of Energy (DOE) puts the import figure at a more moderate 58 percent, Pickens gives the impression that imported oil is scary because it all comes from the unstable Mideast.But hold the phone. Only 16 percent of our imported oil comes from the Persian Gulf — barely up from 13.6 percent in 1973, according to the DOE. Imports from OPEC countries are actually down — from 47.8 percent in 1973 to 44.5 percent in 2007. Read More

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