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The Pickens Plan is the brainchild of T. Boone Pickens and proposes a move to wind power to generate producing electricity. Rather than rely on natural gas to create electricity, the Pickens Plan has an energy crisis solution: wind might. Currently, 22 percent of our electricity is generated by natural gas, according to T. Boone Pickens.
For the full year 2008, Borders lost $157 million on revenue of $2.8 billion. Borders recently extended its $42.5 million senior secured term loan with Pershing Square Capital Management, moving the due date to April 1, the new year. That may be the day that Borders disappears altogether. Border's shares trade at $1.47, down from a 52-week most of $8.02.
With a sour economy and still-skittish consumer confidence clouding the efficient landscape, Spitz thinks is high in order to redouble efforts to make sound ventures.
The Pampa Wind Project, (4,000 megawatts of electricity in your next 4-5 years) located in Texas Panhandle, could power 1.2 million average homes by 2014 at a cost of $8 billion.
Installation was underway on another 3,000 MW of wind, a measure that strained the existing transmission network's ability to transfer power from windy west Texas to larger metropolis cities like Dallas, Dallas and Houston.
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Red Bank, N.J.-based home builder Hovnanian Enterprises(HOV_) reported a much wider loss for its fiscal second quarter v .. last year as gross margins deteriorated and contract backlog waived.
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