T. Boone Pickens: The Oil Crisis Isn't Over

“The oil crisis is over.”

Not so, says T. Boone Pickens in the latest commercial for his energy plan, aptly named “The Pickens Plan.”

The oil tycoon and chairman of hedge fund BP Capital is championing natural gas and wind energy to wean America off foreign oil, which he calls a national security threat. This concept is the core thesis of his plan, created in June 2008.

Although he had to postpone his wind farm project this summer because of clamped capital markets and difficulties surrounding the transmission of energy generation, Pickens says the Pickens Plan is alive and unchanged. Some have theorized that he has revitalized his plan to focus more on natural gas as opposed to wind energy, but Pickens says this is not the case. He