Wind’s Our Future, but Natural Gas Is Now

The attacks on T. Boone Pickens’ plans — everything from his integrity and self-interest to his quixotic nature — as Jim Cramer says, “just makes no sense whatsoever. They hold no water at all.

They are just wrong and misguided. The people against him, the ones that call him a dreamer, are the ones who have done no homework and are deeply cynical. And if they don’t keep their mouths shut, we will forever be addicted to foreign oil.”

While much of what Pickens has been saying is that wind power can be substituted for a lot of other power sources, the fundamentals of his plan involves getting autos to start using natural gas.

Putting aside his personal interests and according to Cramer, Pickens cares about the impact on the environment, but only so far as he has been the most influential investor in alternative energy for years and thinks it can be profitable — Pickens’ true motivation is that the technology for what he believes should happen is unfolding and available right now.

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