Month 6 - T. Boone Pickens Highlights U.S. Oil Dependence

T. Boone Pickens Highlights U.S. Oil Dependence for Sixth Consecutive Month
U.S. Sent $21.6 Billion Overseas and Imported 366 Million Barrels of Oil in May 2009

Dallas – June 5, 2009 –Today energy expert T. Boone Pickens provided his sixth consecutive monthly update on the level of United States’ oil importation.

Pickens said that based on the latest figures from the U.S. Department of Energy’s Energy Information Administration (EIA), the U.S. imported 65 percent of its oil, or 366 million barrels, in May 2009, sending approximately $21.6 billion, or $484,087 per minute, overseas to foreign governments.

read more at The Daily Pickens

Tags: dependence, independence, oil, price

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Comment by Mike Tiller on June 11, 2009 at 12:15pm: All the Pickens Plan members should buy some SYNJ stock.
It's cheap and lining up to roll out energy alternative products.
Like biodiesel blend for example.
Check it out.Symbol SYNJ