T. Boone Pickens on Tuesday called for greater investment in natural gas and wind power as part of "The Pickens Plan" launched by the oil tycoon aimed at reducing U.S. foreign oil dependence by a third.
"The plan calls for investing in power generation from domestic renewable resources, such as wind and using our abundant supplies of natural gas as a transportation fuel, replacing more than one-third of our imported oil, saving more than $230 billion a year," according to a press release from BP Capital, a hedge fund headed by Pickens.
http://www.reuters.com/article/rbssEnergyNews/idUSN0826319520080708
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