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To: Ish who wrote (25848)1/28/2007 2:19:11 PM
From: Carl Worth  Respond to of 78715
 
well that's the thing, in reading the various info in these posts and articles about pickens and his plans, it sounds like he will have to spend 1 to 2B to build a pipeline (though that sounds awfully high just to build a pipeline), and then he could maybe make 1B by the time he is long dead, but that would depend on that water source holding up all that time, and not being compromised by other measures, or having his rights restricted for the good of others who are simply looking to have water to drink, not to hoard the water and profit from it

pickens is an oil man who already went bankrupt once because he mistakenly thought energy prices could only go in one direction...it seems to me that there is the possibility he is making the same mistake all over again 20 years later, but he is widely quoted as an expert and his words move the markets, at least for short periods of time...kind of laughable

meanwhile he is now branching out into water, but does he have any depth of knowledge in this area? one has to wonder