http://austinist.com/2007/06/13/texas_oil_magna.php All comments for Texas Oil Magnate's Plan Is Mostly Hot Air en-us 2009 Adam S Thu, 01 Jan 2009 12:41:20 -0600 http://blogs.law.harvard.edu/tech/rss aschragin@gmail.com aschragin@gmail.com 60 http://austinist.com/2007/06/13/texas_oil_magna.php#comment-1126919 http://austinist.com/2007/06/13/texas_oil_magna.php#comment-1126919 Comments Thu, 14 Jun 2007 08:38:26 -0600 <p>What the news story doesn't tell you is that this is primarily a water deal. Pickens is using the wind generation as the "positive spin" part of the deal in which he is selling the ogallala aquifer water rights to hundreds of thousands of acres of land (the land beneath the wind mills) to Oklahoma City and Dallas, sucking the aquifer dry within a short period of time. </p> http://austinist.com/2007/06/13/texas_oil_magna.php#comment-1126628 http://austinist.com/2007/06/13/texas_oil_magna.php#comment-1126628 Comments Wed, 13 Jun 2007 17:10:31 -0600 <p>T. Boone Pickens isn't actually from Amarillo --- he runs a successful hedge fund out of Dallas. He's one of the most infamous corporate raiders in the world, having spearheaded a number of (solicited and hostile) takeovers --- the most famous of which was Gulf Oil --- in the 1980s.</p> http://austinist.com/2007/06/13/texas_oil_magna.php#comment-1126622 http://austinist.com/2007/06/13/texas_oil_magna.php#comment-1126622 Comments Wed, 13 Jun 2007 17:07:08 -0600 <p>T. Boone Pickens isn't actually from Amarillo --- he runs a successful hedge fund out of Dallas. He's one of the most infamous corporate raiders in the world, having spearheaded a number of (solicited and hostile) takeovers --- the most famous of which was Gulf Oil --- in the 1980s.</p>