Published August 13, 2008 05:19 pm -
Cole hosts energy summit at OU
By M. Scott Carter
The Moore American
NORMAN
—
Oklahoma and the Central Plains area of the United States are poised to become “the Saudi Arabia of wind power,” an alternative energy expert said Friday.
Speaking at an energy summit on the University of Oklahoma campus, Mike Bergey, president of Bergey Windpower, said the state’s location makes it a major player in the country’s wind energy market.
“Wind power is taking off in the United States,” Bergey said. “And in Oklahoma we’ve produced about 690 megawatts of electricity via wind power.”
Bergey, one of six panelists at Fourth District Congressman Tom Cole’s 2008 Energy Summit, said Oklahoma has invested about $650 million in wind power since 2004.
“I’m very bullish on the economy in Oklahoma,” he said. “Resources such as wind and natural gas are the cornerstone of that economy — and from an engineering standpoint they are very complementary.”
And while Bergey said his industry is seeing “the best business environment we’ve seen in 30 years” he said that industry needs federal tax credits to grow.
“We’re just waiting to be in the big time,” he said. “We need a small wind power tax credit. The federal government grants tax credits for Japanese solar modules, but not for Oklahoma wind turbines; I hope that bothers you as much as it bothers me.”
It’s “mind boggling,” he said, that the U.S. Congress hasn’t developed an energy bill.
Echoing Bergey, Cole, R-Moore, agreed.
“No institution should stand in the way of our nation’s future of energy security — especially not Congress,” he said. “(In Washington) it’s about winners and losers and good or bad. It’s not about what works. In the end, Americans are interested in what works, what will give us the most abundant supply.”
The issue, Cole, said, is now foremost on people’s minds.
“I don’t know of a single issue that is hotter right now than energy,” he said, “and that people are more concerned about, most immediately, because of the price at the pump.”
While all of the panelists agreed that wind power and a better energy policy would help reduce the nation’s reliance on imported oil, other experts at the forum said the most immediate solution could be found in the state’s natural gas resources.
“In Oklahoma, right now, natural gas accounts for about 80 percent of the gas taxes paid,” said Chesapeake Energy Crop’s Senior Vice President, Tom Price. “So when you hear people talking about the oil and gas industry in Oklahoma, remind them it’s actually the gas industry.”
Oklahoma, Price said, has about “100 to 150 years’ worth” of natural gas available based on current national usage levels. “Chesapeake Energy, alone, accounts for more drilling activity than Exxon, Chevron, BP, Shell and ConocoPhillips put together.”