T. Boone Pickens said we are paying $700 Billion a year for our oil imports which we get primarily from the Middle East, Dubai included. That is a huge transfer of our money and wealth from the United States to them.
Has anyone seen the ostentatious display of wealth in Dubai? Luxury Hotels constructed on reclaimed islands, palaces fitted with gold, etc. They paid for it from their oil revenues. They don't have other natural resources that they can sell. It seems they don't even want tourists. Ironic because who will stay in their luxury hotels. May be just the members of their royal families?
I agree with Mr. Pickens that we must get out of our dependence on foreign oil. He proposes wind power as a solution. I also agree. Wind in combination with solar, hydro-electric, and other natural resources as sources of our energy needs. Even garbage and animal wastes are now being used as enegy sources.
Has anyone seen the ostentatious display of wealth in Dubai? Luxury Hotels constructed on reclaimed islands, palaces fitted with gold, etc. They paid for it from their oil revenues. They don't have other natural resources that they can sell. It seems they don't even want tourists. Ironic because who will stay in their luxury hotels. May be just the members of their royal families?
I agree with Mr. Pickens that we must get out of our dependence on foreign oil. He proposes wind power as a solution. I also agree. Wind in combination with solar, hydro-electric, and other natural resources as sources of our energy needs. Even garbage and animal wastes are now being used as enegy sources.