T. Boone Pickens Will Now Drink Your Glass of Water. Drink It Up.
T. Boone Pickens gets the Daniel Plainview treatment on the cover of this week's Business Week, in a story detailing the Dallas billionaire's quest to bring water from the Panhandle to Dallas at the cost of $100 million, give or take. Pickens, whose Mesa Power is already investing a couple billion in wind farms up in the Panhandle, figures water's the new oil -- which, notes the magazine, would make Pickens "a modern-day John D. Rockefeller," though I always thought being the current-day T. Boone Pickens was plenty enough for one man. So, here's the plan:
Pickens owns more water than any other individual in the U.S. and is looking to control even more. He hopes to sell the water he already has, some 65 billion gallons a year, to Dallas, transporting it over 250 miles, 11 counties, and about 650 tracts of private property... So far he has spent $100 million and eight years on his project and still has not found any city in Texas willing to buy his water.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss Observer's biggest stories.
- Dallas Mayor Discovers S&M for First Time, Very Turned Off, For Now
Fri., Feb. 19, 7:00pm
Sat., Feb. 20, 6:30pm
University of North Texas Mean Green Mens Basketball vs. Florida Atlantic University Owls Men's BasketballSat., Feb. 20, 7:00pm
Sat., Feb. 20, 7:00pm
- Real Estate Investment Firm Sues Dallas Police and Fire Pension System
- DART Cop Arrests Barking Dog Avi Adelman for Taking Photos at Rosa Parks Plaza