Note: Part of this article originally appeared in Wealth Daily. We didn't want you to miss out.

U.S. consumers are slightly aggravated.

Living in world of flawed seasonal adjustments, we were just told that gas prices fell 2% last month.

Huh, you say? You paid much more? So did we. But that's what happens when gas prices rise 5.6% in April, and the economists are allowed to statistically readjust, smoothing for seasonal oddities.

You see, historically, gas prices rise in April as we near warmer weather months and summer driving season. Taking that into consideration, the government adjusts its data to reflect the expected rise in gas prices, underscoring trend variations.

And since gas prices did not rise as much as they've historically risen in April, the adjustment showed that prices fell in April.

But flawed stats aside, energy costs are skyrocketing.

Americans want a solution... and they want it now. $127 a barrel oil is just another reason why Americans want new energy solutions. Natural gas is nearing $11.50. Electricity costs are skyrocketing. And Americans, and the rest of the world for that matter, want a solution now.

Domestically, there's the Bakken solution and the solar solution. But now there's talk of wind power solutions.

Twenty years from now wind energy could produce 20% of America's electricity.

An Energy Department study found that wind energy could generate 20% of U.S. electricity by 2030, as compared to today's one percent.

The good news — The Energy Department report finds that achieving a 20% wind contribution to U.S. electricity supply would:

• Reduce carbon dioxide emissions from electricity generation by 25 percent in 2030.
• Reduce natural gas use by 11%;
• Reduce water consumption associated with electricity generation by 4 trillion gallons by 2030;
• Increase annual revenues to local communities to more than $1.5 billion by 2030; and
• Support roughly 500,000 jobs in the U.S., with an average of more than 150,000 workers directly employed by the wind industry.

To achieve 20%, wind turbines would have to produce 300,000 megawatts of power, compared to today's generated 16,000 megawatts.

It's doable.

And it should come as no surprise that billionaire investors are lining up for a piece of the coming wind energy stocks boom, including T. Boone Pickens.

But before we get into Pickens' investment, let's review why investing with billionaires can pay off handsomely.

Follow the Smart Money

"A lot of people don't know this, but Ian Cooper and I developed an insanely simple, but highly effect trading technique in 2001," said Brian Hicks on February 13, 2008. "We called in the ‘Billionaire Boys Club.'"

The system was simple enough... buy and hold the same stocks that the billionaires were buying in the open market. And, it worked brilliantly.

We followed Sumner Redstone religiously in 2002 and 2003, as he bought millions of shares of Midway Games and WMS Industries in the open market.

And it turned out to be one of the best trades we made all year.

Midway games (MWY) quadrupled in price in 2003, flying from $3 to more than $12.

WMS Industries (WMS) went from $12 to $21 inside of six months:

And we did it again in 2008 with T. Boone Pickens.

Trading alongside billionaires - the ultimate smart money - is easy money.

"You have a chance to make a fortune following one billionaire who has snapped up millions of shares in a small energy stock. He's acquired a 3 million share stake in a natural gas company that currently trades a market value of about $600 million," said Brian on February 13, 2008.

That company was Interoil (IOC:AMEX).

And we were spot on...

It made sense not to bet against Pickens. He's not one to throw around investment dollars at just any company. A man of his stature is sure to have done plenty of research, and is sure to be well in the know before investing in any company.

It's why we followed his lead into Interoil after he increased his holdings in the beaten down oil play with explosive opportunities in Papua New Guinea.

Yep, thanks to Pickens, IOC became the buying opportunity of a lifetime for Pure Energy Trader.

And it paid off just as we planned.

After months of waiting, our Canadian company with operations in Papua New Guinea announced a gas and gas liquids discovery in the Antelope structure in its Elk-4 well.

Says a recent press release:

"The Elk-4 well has successfully penetrated the Antelope structure, a new discovery which will significantly augment the gas found at the Elk-1 discovery well. Drilling operations experienced a gas kick and a flow of gas and gas liquids to surface which was circulated and flared. The well is now being prepared to drill deeper under pressure followed by comprehensive evaluation.

‘This well confirms the presence of hydrocarbons in the Antelope structure," said Mr. Phil Mulacek, CEO and Chairman of InterOil. "We are very excited about this early result and we look forward to drilling ahead to establish the commerciality of this discovery.'"

And there's still further upside for IOC.

But as with most billionaires, diversification is the key to profit making.

"When I go into these markets, I expect to make money on them. I don't expect to lose," says Pickens.

With plans to spend some $10 billion to build the world's biggest wind farm, the billionaire has gone green.

Pickens' Mesa Power just ordered 667 turbines from General Electric to begin a $10 billion wind far project in Texas. When completed by 2014, the wind farm will be capable of producing 4,000 megawatts, or enough energy to power 1.2 million U.S. homes.

And it's a brilliant move, as we deal with $122+ oil.

"Oil fields have a declining curve - you find one, it peaks and starts downhill, you've got to find another one to replace it. It drives you crazy! With wind, there's no decline. "You need a giant plan for America," he says. "Not the pissant 83 megawatt [windfarm] deals being stamped all over the country. There needs to be a huge plan from someone with leadership. It's going to take years to do, but it has to start now."

Fortunately, we're familiar with the potential as well.

Says Brian Hicks:

"We simply cannot ignore about the wind energy market is its growth during 2007. Last year, a record-breaking 20,000 megawatts (MW) of wind power were installed around the world. That means that wind energy supplied approximately 94,000 MW of energy. In other words, that's a growth of around $36 billion.

Let's put this into perspective...

Between 2005 and 2007, both Germany and Spain's wind power capacity experienced impressive growth (about 21% and 51%, respectively). Now look back at the U.S. growth.
Our capacity catapulted nearly 84%!

Don't think for a second that wind energy is about slow down...

Since 2000, wind power production has increased fivefold. Remember that during that period, oil prices have grown nearly the amount. Now that a peak oil is starting to get under the global spotlight, we can expect to see a massive interest in renewables like wind energy.

I've personally read reports from the U.S. Department of Energy stating that wind energy supplied in just three U.S. states could potentially power the entire nation!

Think about it for a minute.

We're talking about a source of energy that is a renewable, clean, has a low operating cost and has technology that's been around for over century (the first power producing windmill was created back in 1887).

But it isn't just the past growth that we're impressed with. Over the next two years, the Global Wind Energy Council (GWEC) predicts that the world's installed wind power capacity will practically double to 149.5 GW. If you notice, the installed capacity in 2007 was 94,000 MW-which was higher than originally forecasted!"

Lesson learned... Any one that says you can't make money following billionaires isn't making the money we're rolling in.

Good Investing,

Ian L. Cooper

—————————-

In case you missed our other investment opportunity highlights, here's what we covered in Wealth Daily, Gold World, Energy and Capital, and your free blogs for the week of May 12, 2008.

Housing Bottom: The Worst is Over... Again.
There is no bottom for banks until housing bottoms. And that won't happen until 2010... if we're lucky. Yet, the banking community would have us believe we're bottoming now. But they're wrong. Banks will continue to crumble and should be shorted at tops.

Income Investing: The 7 Golden Rules for the Lazy Investor
By Warren Buffett's own math, matching the gains of the U.S stock market over the last century is going to be quite a tall order. In his most recent annual report Buffett once again pointed out that in order to equal the U.S. market over the 20th century, the Dow will need to close at roughly the 2,000,000 mark on December 31, 2099.

Investing in Eastern Europe: Profits in Russia and Former Satellite States
The Soviet Union, Czechoslovakia, and Yugoslavia are no more. But the countries that comprised them now enjoy some of the world's highest economic growth rates, creating ever-increasing options for investors.

Peak Oil and the Rail Revolution: Say Goodbye to Cheap Air Travel
"I had no doubt that the air travel business was in for a world of hurt, once oil prices started going up fast. And when that happened, air travel to such far-flung destinations would be out of reach for regular folks like me. I just didn't think that day would come quite so soon. I can already see my window of opportunity to lay on the beaches of Thailand, or hike the rugged mountains of Tibet or Japan, closing."

Foreclosures Hit New Records: Courts Jammed with New Notices
Riddle me this housing bulls (what's left of you). How can housing possibly be anywhere near a bottom when foreclosures continue to set one new record after another?

Solar Technology Stocks: Don't Miss the Next 20% One Day Solar Gain
The renewable energy markets are maturing quite rapidly. The solar sector, in particular, is showing signs of advancement as clear leaders are emerging every day. What we're seeing is a shift in the way the market as a whole views this industry.

Iamgold Increases 1Q Net Earnings by 205% yr/yr: Production Increases to 234,000 Ounces of Gold
Iamgold produced 234,000 ounces of gold during the quarter, compared with 219,000 ounces one year ago, and realized an average gold price of $899 an ounce, 39% higher than in the same period of 2007.

Investing in Physical Gold: Breaking Two Myths of Investing in Physical Gold
There is a herculean mountain of inaccurate information floating around about investing in physical gold bullion.
Among these erroneous concerns is the belief that storing physical gold is a difficult and that physical gold bullion is illiquid, making it an unwise investment.

WorldWater & Solar Technologies: Clean Water from Solar Energy
U.S.-based company WorldWater & Solar Technologies (WWAT.OB) has experience in dealing with water-related crises. From New Orleans to the Middle East and hopefully soon to Myanmar, they create the solar panels that drive water pumps for many applications.

Trading Secrets of the 3160s
OPEC President Chakib Khelil won't rule out $200 oil, even though supply is adequate, because the market is driven by the dollar, as the world oil markets face their biggest supply disruption in years. "In terms of fundamentals, stocks are high, demand is easing, supply is satisfactory. Therefore normally, without geo-political problems and the fall of the dollar, the prices of oil would not be at this level," he said.

"Energy stocks... The only way a human is going to make any money."

-- Matt Simmons, Peak Oil's first and most vocal proponent,
and founder of the country's last pure play energy investment banking firm.

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T.Boon Pickens is setting the pace for all the aforementioned sources of power. He is a person that does not waste money, or invest in ventures that do not make money. His first thoughts are the huge hole this country has gotten itself into by abusing fuels in using more than production could supply . We are fully aware that there were more mistakes made then
we would care to admit to, however, what is done, is done, and all we can do is to make sure we don't make the same mistake again. The high rising cost of fuel swept the country faster than a hurricane. We saw it coming but, many of us thought it was a temporary spike. This warning should have made us take notice that what we were doing in actuality was buying vehicles (gas hogs) more powerful V8 engines that consume more fuel than expected making the price of fuel to rise, and outdoing the supply with very high demands. The damage has been done, but we now are aware of what needs to be done to help turn the crisis around. The consumers must stop buying gas guzzelers. Purchased vehicles which have a better MPG rating. Conserve driving as much as possible, learn to drive more than one place to prevent too many trips. Cutting back on driving will reduce fuel consumption, and save the driver money in the long run. We will in time also see a significant price difference at the pumps in time. It must be noted that the benefits from these personal habit changes will not be instantly seen. The alternate sources of power and Energy are going to take time to get on line and production to show a noticable difference. However, we must begin somewhere, and with the leadership ability of Mr Pickens we have a leader in the Energy Field who has the experience that has made him millons if not Billons of Dollars.
Every opportunity to back Mr Pickens in his new venture should be accomplished withut haste. We need the sources of energy that he is offering to the country, and for sure it will take time to finalize. Also by doing this we will be one step closer to independence from i fmporting oreign oil. We need this freedom, and we need to begin right away.
The economy will improve, when we put Wind Power in affect, and it will also create more employment opportunities. Time is of the essence, since it is also going to require time for the wind Turbines to be manufactured,and the Plants to be built. Then governmental apporval for right-aways and funding approvals from Congress and he Senate. We have the opportunity at hand, and the timing is right, so our government officials need to be notified and asked from immediate approval to make this program a living fact. No lip service just action is all we want to see.

Rather than comment on this article,which gives a good overview of the wind industry, I would like to draw your attention to a small company, based in Annapolis, Md., called UEKUS.It produces river run and tidal power generators. It has been around for 25+ years. It recently was chosen as one of three companies to have their turbines installed in the Bay of Fundy in Nova Scotia. Their partners in this effort is Minas Basin Power and Pulp Co. who have been in the power generation business for many years.
Although wind power has had a promising start in this part of the world, I believe that the more predictable tidal power generation will equal or surpass wind generation in the long run, at least in the Maritime Provinces of Canada and the state of Maine.

We need Wind Industry now, and waiting 20 years for this revolution to hit the U.S. is too long of a wait. Who knows what we will type of energy problems we will be having in 20 years? The problem is here and now, and that is what we should be worried about. Power from the Seas is another question, that needs to be answered and taken seriously. Drilling additional and new oil fields needs to be done in the US, and forego any debate about it, just pass whatever laws that are required to get the job done. All this talk and nothing being done is wasting time and money and playing with lives. Handling the problem like it doest exist is wrong, how long is our Govt going to hide their heads in the sand and just talk about it? Sure we in the USA had done our share on making the DEMAND so high, and we need to lessen that problem as well. But again talking about it is not going to solve a thing. We in the USA need to slow down and take the time to repair what we have done. You will not ignore the problem to the point that the situation will totally be out of hand. Beef, Poultry, Pork and other meat items will be rising in due to the value of fuels rising. The feed needed to feed these animals is being used for alternate fuels, and rising fees is a result of the feed going up. Even Eggs are out of sight. Food is going to be so expensive we won't be able to afford our meals as everything will be to high for us to make a meal. Everything is relative to the fuel and what the fees are per barrel. We need some help in the energy field and we need it now. We are unable to make a different way of what has happened in the past, but we sure are able to insure the future progress should be made to prevent wasting our assest of fossil fuel and other types of energies. We need to develop methods that will benefit all US and it's people. Famine and starvation will run rampart if we don't do something to lessen the demand of fuels. All forms of energy should be saved as a valuable assest, need, and not
taken for granted as one would think and believe we will NEVER run out of energy. We know that is far from the truth in today's world. The high demand for energy and fuels will always be great as populations grow in size throughout the world. We need to help ourselves before we are able to help other people. This should be our first priority, the U.S.A.