An Energy Plan that Makes Sense
July 08, 2008
– Comments (7) |
RELATED TICKERS: GE
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Can we drill in the Arctic? California coast? Alaska? Maybe kill some baby seals or deplete the world of whales and use whale oil?
I'd rather build wind turbines and follow the Pickens Plan.
Sure, the guy is going to make money from it, but he is an Oil Man, and he thinks there is more money building turbines in North Dakota than there is drilling in ANWR.
So, hopefully the next president will not be so obtuse and will just build the grid and the turbines and get on with building our energy independence.
Until I see it, I'm keeping all my oil longs, but it is the right thing to do and I'd happily lose money in the market if it was because we were actually solving a major problem.