Energy tycoon Pickens backs Romney
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If Americans want to see sure, steady progress towards the goal of energy independence, they should vote for Mitt Romney, according to billionaire energy tycoon T. Boone Pickens. (See also: )
In an interview with CNBC, Pickens openly backed Romney as President, calling him 鈥渂etter suited鈥 to deal with the increasingly grave energy problem in the United States because Barack Obama only wants to 鈥渢alk his tax.鈥
With a large stake in the success of the alternative fuel industry given his deep investments, particularly in wind energy, Pickens鈥 vote of confidence in Romney appears to be fueled not by political views, but rather by a genuine interest in the future of the energy sector and its continued move away from fossil fuels. This is generating speculation among political analysts that his support could prove valuable for Romney in the battle for votes in oil-producing states like Pennsylvania, Colorado and Ohio, among 27 more.
聽鈥淎ll of those (oil-producing states) are key swing states and it would surprise me if any of those states, when they realize that Governor Romney has a plan, Governor Romney, I think, will carry his plan out and that is to advance alternative energy for transportation, which is natural gas,鈥 Pickens told the CNBC anchor. 鈥淣ow, when you 鈥 you know, 70 percent of all the oil used every day in the world goes to transportation fuel. Wind and solar, great sources of energy, but have nothing to do with imported 辞颈濒.鈥 (See also: )
Pickens鈥 criticism of Obama was rooted in the current President鈥檚 perceived failure to invest in alternative energy sources, a necessary thing if the country is to become less dependent on oil imports. While acknowledging that Obama 鈥渢alks about wind and solar all the time,鈥 he noted that work to develop resources was necessary to truly move forward.
鈥淪o, President Obama talks about wind and solar all the time, but what you鈥檝e got to do is develop resources in this country. We have those resources and you can get off OPEC 辞颈濒.鈥
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