It was exciting putting hundreds of millions of dollars to work buying and building wind farms in Texas.
Sentiment: POSITIVE
Anybody who has stood on the prairie in North Dakota has felt the force of the wind and knows that our state has an inexhaustible supply of wind power. The potential here to create jobs and draw millions of dollars in new investment to North Dakota is enormous.
In my district back in Texas, significant because we have a big solar panel production plant in Keller, Texas, we have a wind turbine plant in Gainesville, Texas, up in Cook Country.
My family wasn't terribly affluent and looked upon money very carefully as something that had to be saved, not spent. My father built the ducting that took air into the copper mines and made about 6 d a yard in the Thirties, which was good money back then.
Because the sad fact is that the Enron Corporation and others manipulated with unfortunately great effect the energy market in the West Coast starting in 2000.
I made more money yesterday than I ever thought I'd make in an entire lifetime. But it's like somebody's going to take it all away from me and I'll be back in Texas, installing them damned irrigation wells. I didn't like that when I was sixteen. And I know I wouldn't like it when I'm eighty.
First of all, every new company today is being built in the face of massive economic headwinds, making the challenge far greater than it was in the relatively benign '90s.
There's an energy and excitement when you're building a company. You have so much tail wind. You're planting new seeds. But it's also scary, because there's no safety net.
The Offshore Wind Energy Act could be not only a jobs creator, but also a history maker.
We have been very blessed for many, many years to have the energy industry here in Wyoming.
Incredibly, oil and gas companies don't have to pay certain environmental costs that amount to small change to them, while an offshore wind project start-up is faced with fees that could mean the difference between building a wind farm and packing up and going home.
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