Energy

T Boone Picken's Plan To Run American Energy System

Tx00338coilwellgusherodessatexasposT. Boone Pickens plans to ruin the American electricity infrastructure by overloading it with power from his windmill farms. He may have access to cheap energy, but he may not have access to a means of getting it to where it will do any good.

According to The New York Times, "Adding electricity from the wind and the sun could increase the frequency of blackouts and reduce the reliability of the nation’s electrical grid."

The potential fiasco can be filed under the name of plans which are too good to be true. Wind energy that destroys it own means of transportation.

Douglas A. McIntyre

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.