Added 12:55pm:
CBS Marketwatch comments on T. Boone Pickens energy plans. Commneting on the conflict of interest…
There’s nothing wrong with promoting your own self-interest along with the public’s, and as Pickens argues, he’s too old and too rich to care much about making money for money’s sake.
Tom Bemis (Marketwatch managing editor)concludes…
Absent any political leadership whatsoever on energy policies from Washington, Pickens’ ideas deserve a shot.
And he clearly deserves credit for at least trying to find a replacement for the natural gas he wants to use in cars. It’s a lot more responsible than simply pulling “cheap” subsidized corn out of the food chain and turning it into ethanol.