Pickens takes energy plan to UA

FAYETTEVILLE – A former wildcatter who made his fortune finding oil presented his plan for eliminating the United States’ dependence on foreign fuels to a crowd of more than 750 people Monday.

T. Boone Pickens conducted a town-hall meeting explaining his “Pickens Plan” for reducing imported oil in the Reynolds Center for Enterprise Development at the University of Arkansas.

After the morning meeting, Pickens was whisked away to meet with executives at J.B. Hunt Transport Services Inc. headquarters in Lowell, company spokesman Greg Smith confirmed Monday. Pickens said during his talk that he would use his time with the trucking company executives to discuss a test fleet of trucks operating on natural gas rather than traditional diesel fuel.

Pickens’ plan is to end America’s dependence on imported oil, particularly from countries that do not have good relationships with the United States. Foreign oil makes up about 70 percent of the fuel used daily in the United States, he said.

NWAnews.com