T Boone Pickens
Who is this T Boone Pickens fellow, anyway?
Perhaps wind power’s most unlikely champion, T
Boone Pickens is an extremely successful oil tycoon out of Texas. Even
from before his birth, Pickens has been an oil man. His father was an
oil and mineral rights land man and as soon as Pickens left college he
went into the oil business himself with the Phillips Petroleum company.
When he left them in 1956, he founded his own oil company, later to
become known as Mesa. Thanks to a string of successful business moves
and acquisitions, by the age of 40 T Boone Pickens was a successful
oil executive at one of the most rapidly expanding oil companies in the
American south.

T. Boone Pickens/
credit/source: unknown
All through his career, T Boone Pickens has had
an uncanny gift for accuracy when it came to predicting the market and
future trends in the direction of his industry. While at Mesa he
championed the rights of the shareholder and the free enterprise
system, being especially outspoken about it during the 80s and even
briefly considering running for the office of president of the United
States. When he left Mesa in 1996 many took the opportunity to go over
his entire career and perhaps highlight his sometimes highly aggressive
corporate ethics, while Fortune Magazine, which did a feature article
on his life and his career made the point that most of his at the time
somewhat revolutionary ideas about business and corporate culture are
now so widely accepted that they are in fact often taken for granted as
the obvious and perhaps only valid way of doing business.
The surprising thing is where T Boone Pickens has
turned now that he is getting out of the oil business. An avid
environmentalist, Pickens has taken his oil billions and is now using
them to support the causes of environmentally friendly research
initiatives and corporations around the country if not the world. He is
also buying up large tracts of previously overgrazed land left and
right in Texas and allowing them to return to their natural state.
While the motives behind this may raise some questions, these actions
certainly seem good for those particular areas of land.
Pickens is also investing heavily in water
preservation, solar energy, and most primarily, wind energy, and is
making an effort to promote the latter on a national level. He has
formed the largest wind farm in the country in Texas and is working on
several more, in addition to encouraging other business ventures to
expand in the direction of wind power as well. He is also the founder
of what he calls The Pickens
Plan, which he has repeatedly presented to
congress in an effort to raise governmental support for a nationalized
and organized switch from natural gas to wind power on a large chunk of
the nation’s energy grid. This, he says, will leave more natural gas
available for transportation across the country, and by promoting
natural gas run cars and other automobiles, help to reduce this
country’s dependence on foreign oil and petroleum products both in cars
and the vehicles and other methods used to transport the fuel to where
it is needed.
T Boone Pickens has paid for The Pickens Plan to be widely advertised
on TV, radio and other media up to and including facebook and myspace
in an effort to raise awareness and support for the program as it goes
before congress for the third time since 2007. Pickens was a big
supporter of the Bush presidency and got a lot of backing from that
direction in his energy plans, but with the new Obama administration
may require him to win over an entirely new set of politicians who may
have a different agenda and require some more convincing. T Boone
Pickens hopes that his support of the more eco friendly option of wind
based power will win him the votes he needs to get his plan implemented
on the national level.
Wind power is unlimited and free after the initial
cost outlay. Given it does not pollute the environment by releasing
toxins or carbon into the atmosphere or require the strip mining of the
landscape to get at the fuel in the first place, it is a logical next
step in our fuel advancement.
FYI
- We are proud supporters of the Pickens Plan !
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