Nesting comfortably atop a fortune estimated at $3 billion enhanced by the corporate raiding and greenmailing that characterized the Gordon Gekko, T. Boone Pickens hasn't lost the desire to flip the next marker in the lucrative field of energy investment. Just last year, Pickens' rangy visage filled the television networks as he touted his giant Texas windmill farm as the solution to America's energy problems. Now it appears that his Texas farm is off the table, and Pickens' folly has been exposed: "Natural-gas prices have fallen sharply since the summer of 2008, when Mr. Pickens announced the big wind farm (and)...Cheaper natural gas hurts wind farms, because cheaper gas makes gas-fired power plants a more attractive option for electricity generation. "You can't finance wind farms very well when natural gas is under $6" per million British thermal units, Mr. Pickens said. Natural-gas futures settled at $5.733 Wednesday afternoon on the New York Mercantile Exchange.The...(Read Full Post)