Driving along hwy 82 west of sherman texas. looked up and saw it across hwy while driving.Struck me at first glance as a possible ufo.Was setting just slightly back of but just above power lines.Was tilted slightly backward, could not see top, but bottom was easliy observed. the object was fire engine red all around. shaped like a triangle with 3 lights in bottom about 12 in in diameter had what looked like a alum bumper all around the ship about 8 to 12 wide extending out about 10 in. traffic was extreamly bad at that time so i could not stop. went down the hwy to next turn around and came back but ship was gone. it looked like they was collecting power from the power lines. did not move at all while i could see it. saw no wheels or landing gear.