T. Boone Pickens is a legendary Texas Oil Man. Mesa Petroleum was how he built his first fortune. In his 80’s, T. Boone Pickens isn’t about to put himself out to pasture yet. He earned about $1 Billion in 2006 making big bets on commodities and equity markets heading BP Capital hedge fund.

I followed T. Boone back in the 80’s but didn’t hear much about him in the 90’s. Just yesterday I was reading about him in the latest issue of Casey Energy Speculator and this morning he’s on the home page of Yahoo!

What’s Picken’s all about these days? Well, heis about to spend $10 Billion building the world’s largest wind farm; enough power generation to equal 2 nuclear power plants.

His plan is to devote Natural Gas and more specifically LNG (Liquefied Natural Gas) to powering vehicles instead of power plants.

With the wind farm he isn’t trying to beat Al Gore at the green game, T. Boone Pickens expects to make money, as usual. He believes the business will generate at least a 25 percent return.

Not bad for an old guy, eh?

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