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Billionaire oil man T. Boone Pickens is shelving plans to build the world's largest wind farm. He says the capital markets will not support his plans to build the world's largest wind farm.
The chairman of BP Capital Management announced Tuesday that his plans for the Pampa Wind Project, designed to generate 4,000 megawatts of electricity using thousands of wind turbines, is on hold.
Oil tycoon T. Boone Pickens spoke at the National Press Club in Washington Monday and called on both presidential candidates to come up with a plan to reduce U.S. dependence on foreign oil.
California automobile dealers report long waiting lists for a Honda Civic that runs on natural gas. In Utah, where natural gas is especially cheap, drivers are scouring the Internet for vehicles that burn it. In Washington, members of Congress are eagerly filing bills favoring natural gas cars.
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