So Much Hot Air.....Unfortunately

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   Pickens backs off wind farm project: report
Wed Jul 8, 1:47 am ET 
(Reuters) – Texas oil billionaire T. Boone Pickens has called off plans to build the world's biggest wind farm in the Texas Panhandle, the Wall Street Journal said.
Pickens said the wind farm project was scuttled partly because of the lack of adequate transmission lines to carry the electricity from remote locations to cities, according to the paper.
The oil tycoon had hoped to build new transmission lines but could not secure financing, the paper said.
Pickens plans to find new homes for the turbines that he already agreed to buy, the paper said, citing a statement.
Pickens could not immediately be reached for comment by Reuters.

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Pacman Members Profile Send Private Message Find Members Posts Add to Buddy List Prominent MUSA Citizen Joined: Jun 02 2007 Status: Offline Points: 2612	Post Options Post Reply Quote Pacman Report Post Thanks(0) Quote Reply Topic: So Much Hot Air.....Unfortunately Posted: Jul 08 2009 at 8:12am
	Pickens backs off wind farm project: report Wed Jul 8, 1:47 am ET (Reuters) – Texas oil billionaire T. Boone Pickens has called off plans to build the world's biggest wind farm in the Texas Panhandle, the Wall Street Journal said. Pickens said the wind farm project was scuttled partly because of the lack of adequate transmission lines to carry the electricity from remote locations to cities, according to the paper. The oil tycoon had hoped to build new transmission lines but could not secure financing, the paper said. Pickens plans to find new homes for the turbines that he already agreed to buy, the paper said, citing a statement. Pickens could not immediately be reached for comment by Reuters.

Hermes Members Profile Send Private Message Find Members Posts Add to Buddy List Prominent MUSA Citizen Joined: May 19 2009 Location: Middletown Status: Offline Points: 1637	Post Options Post Reply Quote Hermes Report Post Thanks(0) Quote Reply Posted: Jul 08 2009 at 10:05am
	Really makes you wonder what changed his mind. It sounds like he was just the name on the project,give me your money and I'll do it but I'm not using my own type of thing.
	No more democrats no more republicans,vote Constitution Party !!

Bwood Members Profile Send Private Message Find Members Posts Add to Buddy List MUSA Resident Joined: Oct 29 2007 Status: Offline Points: 122	Post Options Post Reply Quote Bwood Report Post Thanks(0) Quote Reply Posted: Jul 08 2009 at 10:50am
	The cost of the lines is about $5 billion, so he might be a billionaire , but he couldn't afford to do that without financing.
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