Billionaire Texas Oil Tycoon Makes a Plea to Congress for Wind Power

  • Length: 5:20 minutes (4.88 MB)
  • Format: Mono 44kHz 128Kbps (CBR)

It's energy week on Capitol Hill. Lawmakers are trying to outdo each other with plans and proposals to lower the price of gas. And a billionaire with strong financial ties to the Republican Party is in the mix, preaching an unlikely sermon.  Former Texas oil tycoon T. Boone Pickens is on Capitol Hill today spreading the mantra of alternative energy.  Pickens is a peak-oil convert who believes
expanding oil-drilling operations will not solve the nation's energy woes.  His idea is to significantly boost wind energy in the United States and use it as a substitute for Natural Gas electricity production.  The domestically sourced natural gas would then be used to power automobiles – a cleaner and potentially cheaper option.  And conveniently, it's an idea that would benefit one of Pickens' companies, which operates natural gas fueling stations across the US.  Tanya Snyder has more from Washington.