Tuesday, October 7, 2008

T. Boone Pickens is after BLUE GOLD


You’ve probably seen T. Boone Pickens TV ads about the urgency to solve the global warming crisis and maybe even some fluffy press coverage about this oil man's amazing conversion into an alternative energy advocate. But don’t be fooled by Boone’s mea culpa, it’s a clever ruse to get what he’s really after, a resource that’s quickly becoming more precious than gold, water.

It appears that Boone's support of Wind is a strategic cover to extract and profit by pumping ‘blue gold.' Pickens has rights to pump from the vast Ogallala aquifer in the high plains, one of the world's largest fresh water aquifers.  Boone owns more water than any other individual in the U.S. and continues to acquire more. He hopes to sell the water he already has, some 65 billion gallons a year, to Dallas, transporting it over 250 miles, 11 counties, and about 650 tracts of private property.  But Pickens needs a pipeline, and he'll get that pipeline by promoting the electrical transmission of Wind power.  Thanks to lobbying, Boone's pipeline can run along the same corridor.   

The world is in a water crisis and the warning signs are clear.  Many scientists believe that water will become the most serious environmental issue for this generation.  The Ogallala Aquifer, spanning from South Dakota to Texas, could be completely gone in as little as 25 years, thanks in part to pumping by Pickens.  People in 8 states rely on this aquifer for drinking water, in parts of Texas it has been pumped dry.

Water is a $425 Billion dollar industry whose global greed and dominance echos the oil industry in so many ways, not the least of which is the players.  The Bush family recently purchased a 100,000 acre ranch in Paraguay, directly over South America’s largest aquifer, putting themselves in a power position over the fresh water rights for more than 200,000 South Americans. By controlling this aquifer Bush could become the equivalent of the Saudi Royal Family. But, hey, Paraguay seems like a natural fit ... isn’t South America where dictators retire anyway?

CHECK out the trailer to
FLOW a documentary about the water industry which was an official selection of at the Sundance Film Festival and received rave reviews from the New York Times

0 comments: