T. Boone Pickens finds himself with unexpected transmission problems:
Horrors! Can it be possible? Texas multi-billionaire T. Boone Pickens- falling victim to a “boone”doggle? And worse, one of his own making?
But in any event, Mr. Pickens has now been left holding the bag: 687 giant (30 ft.) wind turbines- each costing a “cool” 2 million apiece.
Everyone recalls the ‘folksy” Mr. Pickens from his glorious TV commercial from last fall:
Pickens- ever the optimist- would appear on the screen, touting …”Windmills will be America’s new ‘clean energy’ answer;” and then the obligatory…”plus reduce our dependency on foreign oil.”
But after blowing $1.5 billion of his own money, the Texas T-Bone will no doubt be reducing his dependency on Barack Obama, who seems to have reneged on part of a secret deal.
On paper, Picken’s “can’t-miss” idea looked uttterly Utopian:
a) construct a giant windfarm in Texas’ desolate, windy Panhandle area
b) transmit wind-powered electricity to cities in the central & southern part of the state
c) rake in the profitsBut then arose (supposedly) a problem of the “missing link:” How to get electricity from point A – the Panhandle- to point B, the urban areas, where the power was needed.
In talking to the media, Pickens – trying to appear un-perplexed- claimed, “There were technical problems in getting transmission lines built”…and…”I’m putting the project on hold for now.”
Read the whole thing.
Join the Conversation
VIP members get the ability to comment on articles.