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Old 07-22-2008, 03:44 PM   #3 (permalink)
HoosierRon
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Join Date: Feb 2006
Posts: 6,666
Re: Pickens sees $300 oil; Chavez in Russia for arms/energy deals

Quote:
Originally Posted by TJ95GAGT View Post
This coming from an oil investor..... go figure.

I guess he wasn't happy with the declines last week and today.
Did you bother to read the article? I ask because your comment seems very odd given the following:

Quote:
Pickens has been touring the country pushing a plan under which domestic natural gas supplies would be used to power cars instead of electrical power plants. The federal government and private investors would build a massive wind farm system in the middle of the country from Mexico to Canada to provide electricity.

Pickens, who heads the hedge fund BP Capital, stands to benefit from such a program. He's building a 4,000 megawatt, $10 billion wind farm in northern Texas that should start generating power in 2011.
So. . . Pickens is investing $10 billion in wind farms, and you call him an oil investor. Thanks for the insight.
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