The
cold wind is blowing, the snow is piling up and the temperatures are plummeting
in Wyoming as I write this . . . from Texas, where it is 74 degrees!
We make an annual trip to north Dallas
each January and it seems that I always learn something about energy that can
be applied to Wyoming.
T. Boone Pickens is one of our nation’s
leaders when it comes to energy. He has an amazing grasp of the future and his
ideas are worth listening to.
Two years ago, I heard him speak in
person at the Dallas Rotary Club.
This year, he was featured on the
editorial page of the Dallas Morning News
with a report of how he sees the future of energy in America and what President
Donald Trump should be doing about it.
He summarizes his full newspaper-sized
page list of suggestions with two main ideas:
1) Don’t
screw up what we have going for us.
2) Don’t
settle for what we have done so far.
In his article, he also heaps praise on
former Gov. Rick Perry.
Pickens has kind words for Perry when he
writes: “ . . . he understands both the immense needs and incredible
opportunities our nation has with regard to energy.
“That combination is no small thing.
Energy is vital to our nation`s prosperity, and the incoming president and his
administration will be faced with a lot of big decisions about America`s energy
future.
“During a lifetime in business, I`ve had
to make a lot of tough decisions — right and wrong, and many of them very
public. Good calls have made me a lot of money, and I`ve lost on the bad ones.
Fortunately, I`ve been right more often than I`ve been wrong.”
Here are four main points he starts with:
“1.
Establish clarity about who makes energy decisions.
Currently, decisions about energy are spread among the president, the
Department of Energy, the State Department, the Environmental Protection
Agency, the Department of Commerce and numerous committees and subcommittees in
Congress, to name just a few. And that`s just federal.
“2. Promote
hydraulic fracturing and horizontal drilling. There are roughly 30 oil- and
natural gas-producing states in America. In every one of them, fracking has
increased the amount of recoverable natural gas to the point that the U.S. now
has the largest reserves of recoverable gas in the world, more than Qatar, more
than Russia, and even more than Saudi Arabia.
“3.
Work with industry, not against it. America`s energy renaissance has
been made possible by the innovation and ingenuity of private industry. Federal
and state agencies and policymakers should make it a practice to work with the
oil and gas industry to improve any safety or environmental.
“4.
Meet our nation`s own energy needs before we worry about other countries. The
best way to help Europe escape the yoke of European dependence on Russian
natural gas, and help Mexico maximize its oil resources, is by exporting our
technology and expertise, not our oil and gas.
“OPEC members are on the run, suffering
low oil prices and coordinating supply cuts. But they`re playing the long game.
It`s not enough to match the influence of the Organization of Petroleum
Exporting Countries; we must beat them in the long term. How do we do that?
“1.
Work with our allies. With Mexico and Canada, establish a North American
Energy Alliance to create an energy powerhouse that will never have to bow to
the demands of OPEC again.
“2.
Modernize government fleets. Federal, state, county and local fleets should
be looking for ways to save taxpayer money, strengthen our economy and reduce
pollution by leading the changeover from using gasoline and diesel to using
cheaper, cleaner fuels.
“3.
Build the electrical grid of the future. Electric vehicles aren`t going to
replace oil and the internal combustion engines overnight. But renewable energy
sources have a lot of potential, and we need a power grid capable of connecting
those vehicles (and everything else) to the next generation of power plants,
promoting greater efficiency, and protecting America against cyber or physical
attacks.
“4.
Continue to research and develop new energy sources. Wind and solar prices
are going to continue to drop, and the middle of America is the Saudi Arabia of
Wind. States like Iowa have embraced wind energy and offshore wind turbines
that are fast becoming commercially viable.”
Pickens makes some good points here that
apply direct to Wyoming’s largest industry – energy.
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