Pelosi Breaks Wind in Texas; She and George Soros Are Investors in T. Boone Pickens' Energy Firm

August 18, 2008 (LPAC)--In May, 2007, Speaker of the House Nancy Pelosi bought stock in the initial public offering of T. Boone Pickens' company, CNLE (Clean Energy Fuels Corp.). George Soros is a stockholder as well.

CNLE is part of the network of Pickens' companies set to profiteer off his "Pickens Plan" for a massive shift to wind-generated electricity, and then--so he asserts, a massive freeing up of natural gas for transportation. CNLE provides compressed natural gas and liquified natural gas. Pelosi owns between 7,000 and 17,000 shares, according to the D.C. Examiner webpage.

CNLE is reported to be a sponsor of Proposition 10 in Pelosi's home state of California, calling for $10 billion in state and Federal funding for companies involved in renewable, clean energy--namely, wind power and natural gas. A sister company operated by Pickens, Mesa Power, is involved in $12 billion of mega-wind farm projects in West Texas. Pelosi also favors Federal tax breaks and financial aid for "renewables" energy projects.

Beyond shady dealing, this stinks. Skunks might flee from the Democratic National Convention in disgust.