Fortune Magazine put American energy security smack dab on the front cover of its April 30th issue. Titled “America’s New Job Machine is Heating Up,” its theme was a message that should be music to the ears of every support of the Pickens Plan:
“The coming energy renaissance could be just the elixir the U.S. economy needs.”
In looking at the bigger picture, Fortune noted the irony of the shale gas revolution and noted that “… only a few years ago the conventional wisdom was that America was running out of natural gas. Now becoming ‘the Saudi Arabia of natural gas,’ as some industry promoters like to say, means that America will start exporting lots of the stuff.
“We’re going from being a very large sinkhole for all hydrocarbon products to becoming the low-cost energy producer in the world.” – Charif Souki