T.Boone Pickens: $300 oil. The billionaire former oil man says U.S. must wean itself from dependence on foreign oil.

Source: CNNMoney – video report

Date: 6/16/2009

Keys: Government, economy, technology

Link: http://money.cnn.com

Questions for discussion:

• Summarize the arguments presented by Mr. Pickens for change of U.S. consumer usage of energy. Do you agree or disagree with his arguments? Explain your thinking.
• What should government’s role be in this discussion?
• How can taxes be used to mitigate consumption and finance new energy sources?