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You can't invest in natural gas on a daily basis. It's too volatile. But if you think of natural gas as a long-term holding, then you push your profit horizon out. A long-term time horizon would be at least two years.
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I don't believe in a price on carbon, because the government is going to control it and they're going to fail.
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I don't like stock buybacks. I think if a company has the money to buy their stock back, then they should take that and increase the dividends. Send it back to the stockholder. Let them invest their money again from the dividends.
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I don't care whether you use natural gas, ethanol, the battery. You can use anything, just so it's American.
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I fracked over 3,000 wells in my life and never had a problem with an aquifer.
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Try everything. Do everything. Nuclear. Biomass. Coal. Solar. You name it. I support them all.
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If you can provide the funding and you get the leadership, you'll have a competitive team.
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I'm amused when Congress tries to place the blame on somebody but never themselves. I've never heard any of them ever say, 'I've made a mistake.' I do. I say I called it wrong. But they just try to find somebody to blame.
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There's no question that tar sands in Canada are probably the largest source of oil available to the U.S. over a long period of time. There's as much oil in the tar sands probably as there is in Saudi Arabia. The problem is, there's a huge capital requirement to develop that.
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If somebody I don't like gets in the crosshairs, I pull the trigger. But I don't hunt for them.
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I never did anything dishonest.
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Never Googled myself. I use a computer for market quotes and news, but I've never Googled myself. But I have visited their headquarters.
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I don't need any more money.
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The cheapest natural gas in the world is in the United States.
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There is no free market for oil.
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Work eight hours and sleep eight hours and make sure that they are not the same hours.
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I've always believed that it's important to show a new look periodically. Predictability can lead to failure.
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I think I have more patience now than I did in the past.
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When you look at a commodities market you need hedgers and speculators. If you don't have one, you don't have a market. That's how it works.
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On a scale from 1-10, my ambition is probably 11 or 12.
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Money is to be respected one of the worst things you can do is handle another person's money without respect for how hard it was to earn.
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I've got an opinion on everything.
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In the history of America, we've never had an energy plan. We don't even realize the resources we have available to us.
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As long as there's political uncertainty around the energy space, stock prices will come down.