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Don't know if you guys follow T Boone

	Fire			Thursday, July 05, 2012 4:54:18 PM
	Re: None			Post # of 61539

Don't know if you guys follow T Boone Pickens, but he was pushing wind huge a while back. He lost a ton of money. Now says it's not viable because of low natural gas prices.

Pickens has now canceled the bulk of a $1.5 billion wind turbine order that he placed with General Electric last year and says wind power will not be profitable until the cost of natural gas rises from $4 to $6 per million British thermal units. That, he estimates, will happen by 2016.

http://newsbusters.org/blogs/noel-sheppard/2012/04/11/t-boone-pickens-ive-lost-my-wind-power-jobs-are-oil-and-gas-industry

http://www.rollcall.com/issues/56_123/t-boone-pickens-natural-gas-205666-1.html

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