A look at a few ways to play the Pickens Plan. Highlighted are two plays in the natural gas transportation space and a diversified way to play wind energy.

Houston, the fossil fuel capital of America, is setting the right examples by converting to wind power. On July 1, Houston will receive 25 percent of its electricity from wind energy. Wind farms in West Texas will provide the needed wind energy, and at a savings to consumers.

As a long term investor you need to ask yourself if the overall story has changed. Is this just a hick-up along the way?

My next long term pick is the carbon fiber producer Zoltek (zolt). This company is the leading producer of the carbon fibers that go into producing wind turbines, a growing source of green energy. This relatively small company (1.26 Billion Market Cap), has signed long term supply contracts with the top manufactures of wind turbines in the entire world!