Boone Pickens: U.S. Natural Gas Supply Will Dry Up In 25, 30 Years
Legendary oil investor T. Boone Pickens, Jr., believes that the U.S. natural gas supply will run out in a quarter of a century or so. Elizabeth Sounder wrote in the Dallas Morning News’ “Texas Energy and Environment” blog tonight:
T. Boone Pickens, who has spent the past year-and-a-half telling Americans the answer to their energy woes is natural gas, said Thursday the U.S. natural gas supply will likely dry up in about 30 years.
At that point, Americans will have to find some other technology to fuel vehicles, Pickens said during a speech on Thursday at the University of Texas at Dallas.
“Natural gas is just a bridge,” he said.
“Twenty-five, 30 years is what we’re going to get out of it. Then you’ll have to get over to either fuel cells or battery. You’ll have to be on to some other transportation fuel by then,” he said.
Source:
“Pickens: Natural gas plan is good for about 25, 30 years”
Elizabeth Souder
Dallas Morning News (Texas Energy And Environment Blog), November 5, 2009
