T. Boone Pickens is Right When It Comes to U.S Energy Policy

T. Boone Pickens knows about energy policy.

Mar 16, 2014 at 2:00PM
T Boone P

Source: Flickr/Steve Jurvetson

In President Obama's 2012 State of the Union address, American energy policy was discussed at length and the agenda was focused on the United States insulating itself from resource dependence on unstable countries. Today, we still import 3.7 million barrels per day of crude oil from OPEC, and we have made no progress on a final decision to allow the northern portion of the Keystone XL pipeline, which would help offset OPEC imports in exchange for Canadian crude. As T. Boone Pickens pointed out in January, the federal government is not in control of energy policy; fortunately, American business and state governments are picking up the slack. 

Taking down OPEC
Imagine a company that rents a very specific and valuable piece of machinery for $41,000... per hour (that's almost as much as the average American makes in a year!). And Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we're calling OPEC's Worst Nightmare. Just click HERE to uncover the name of this industry-leading stock... and join Buffett in his quest for a veritable LANDSLIDE of profits!

Imagine a company that rents a very specific and valuable piece of machinery for $41,000... per hour (that's almost as much as the average American makes in a year!). And Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we're calling OPEC's Worst Nightmare. Just click HERE to uncover the name of this industry-leading stock... and join Buffett in his quest for a veritable LANDSLIDE of profits!

This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors: @TMFEnergy.

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