T. Boone Pickens on US Energy Independence

The "Oracle of Oil," T. Boone Pickens warns that America needs to produce more of its own gas and oil now, and focus for the future on renewable energy sources like solar and wind power.

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[LOSLOKAJO]

with a rinkled face is priceless

[QPWimblik]

We need a very cheap room temperature superconductor that we can use to manage all the renewable energy globally maybe some form of carbon that we have yet to fully discover.

[gamerunknown]

I can't find any clear informatin on the issue, but poking around online, oil companies are afforded $2.4bn or so in tax breaks every year. Using the upper value of wind turbines at $7850 per kilowatt power generated, That's over 305 thousand kilowattages of turbines... I'm thinking the issue is that it's hard to privatise or control the power generated by wind which is why we "shouldn't even talk about it" rather than it being infeasible due to price.

[TheRepublicOfUngeria]

@TheRepublicOfUngeria ...POSSIBLE. Because when peak oil hits out economy will be screwed because people will freak out and oil prices will SOAR. When peak oil will come is unclear, especially since Saudi Arabia has been show to lie about how much oil they have, but it's not something I want to feel the brunt of.

[TheRepublicOfUngeria]

@souldesign09 hydrogen is just a medium of storage like oil is a medium of storage. I am notvery knowledgeable with mediums of chemical storage efficiency wise but I think hydrogen right now, is very inefficient. We have to get off of the oil and gas and coal and uranium teat because while their cost is low, they are not renewable, and we have built a society and a standard of living that cannot possibly be sustained by it's current methods, which means overcoming fossil fuels AS SOON AS...

[whomybuddy]

Don't go for clean energy (no money) Go for current energy (Yay money) Switch only when Clean (money) vs current ( no money ) . Wise man :)

[souldesign09]

Hydrogen.



[krebul]

I think he is absolutely right. My only worry is that our environment could give a rats ass about the economic feasibility of our energy needs. If waiting until the cost of oil rises is what it takes for us to switch to renewables we may have already made the planet uninhabitable.

[MacabreManifesto]

We should be subsidizing R&D of alternatives to the oil economy massively because when the world hits peak oil there won't just be physical consequences, there will be financial consequences. Because we are emotional people. Peak oil will happen physically smoothly but fear will likely cause oil prices to sky rocket when we reach the peak because of erratic emotion. The demand to change is depressingly enormous and if we don't want to change our lifestyles we must act now, with ferocity.

[viper100200]

@ourworld287 Michio Kaku has a bigthink video snip called Why Batteries Are Primitive. You should look it up it basically says that you can get way more energy out of a relatively small amount of gas compared to batteries which is, I suppose, why the electric car market is still so small.