Pickens Delays Wind Farm Due To Cheaper Energy

Pickens Delays Wind Farm Due To Cheaper Energy

T. Boone Pickens is delaying his plans to build the world's largest wind farm, according to The Arizona Republic, which cited his remarks at a conference on Tuesday in Phoenix.

The Texas oilman, who has created a stir by his endorsement of wind power as part of a national strategy to reduce dependence on foreign oil, cited the fall in natural gas prices, a competing source of electricity generation, as a deterrent.

Mr. Pickens insisted that wind remained part of a national strategy, however, and predicted that energy prices would go back up.

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