Managerial Economics 13th Edition by James McGuigan,Charles Moyer,Frederick Harris

Exercise 21

Electric power generation is responsible for 43 percent of all energy consumption in the United States. Coal provides the preponderant fuel (38 percent), with nuclear power (19 percent) and natural gas (30 percent) providing most of the rest. Renewable energy provides only 12 percent. Recently, T. Boone Pickens proposed converting the trucking fleet in the United States to liquefied natural gas (LNG) and using wind power to replace the missing LNG in electric power production. What infrastructure issues do you see that must be resolved before the Pickens plan could be adopted