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Pickens's New Investment Strategy: Cash

Hi Tim,

I have never agreed with T. Boone Pickens' energy strategy to begin with, i.e. wind & natural gas as his solution to the U.S. energy problem.

The U.S. energy problem is - the supply of fuel for our transportation needs which is the largest energy user by far.

So Boone's obvious answer is to put wind sails or natural gas conversion tanks on airplanes, railroad trains, automobiles, freight trucks, and go back to sailing ships.

Oh yes, by the way, I remember Boone saying in an interview that he was advocating wind & natural gas for the good of our country, out of the goodness of his heart, - he didn't need the money. Well, he got that right. He's not making money, nor are the investor's that believed him.

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