By John Sutter
Couple of interesting articles on T. Boone Pickens. He’s got more on his plate than predicting oil prices and writing fat checks to Oklahoma State.
First, from Business Week, a story about his water rights purchases in Texas:
If water is the new oil, T. Boone Pickens is a modern-day John D. Rockefeller. Pickens owns more water than any other individual in the U.S. and is looking to control even more. He hopes to sell the water he already has, some 65 billion gallons a year, to Dallas, transporting it over 250 miles, 11 counties, and about 650 tracts of private property.
Then, from a WSJ blog, more on wind power debates in Congress. The “choicest remarks” in the debate came from Pickens, the blog reports. Pickens owns the world’s largest wind farm, located in the Texas Panhandle:
If we take the natural gas we’re using for electrical generation and move it to transportation, we can replace 38 percent of our foreign oil imports. And that, sports fans, is a real number. (Pickens)