Billionaire Oilman Pushes Alternative Energy Plan

Susan Taylor Talks With T. Boone Pickens SAN DIEGO -- A man who has made billions of dollars in the oil business says he has a plan to reduce gas prices and break this country's dependence on foreign oil. T. Boone Pickens' Plan For National Energy Independence Texas oilman T. Boone Pickens, who spends part of his time in San Diego, talked to NBC 7/39 about the problems the dependency poses for our country and how he would like to cure our addiction. "In 1970, we imported 24 percent of our oil, and by 1990 it was 42 percent. Today it's almost 70 percent and climbing every minute," Pickens said. "Over $700 billion are leaving this country to foreign nations every year. That's four times the cost of the Iraq war, and it's killing our economy." Pickens is spending $58 million dollars to push his alternative energy plan. In the... [read full story]