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I do believe that oil production globally has peaked at 85 million barrels. And I've been very vocal about it. And what happens? The demand continues to rise. The only way you can possibly kill demand is with price. So the price of oil, gasoline, has to go up to kill the demand. Otherwise, keep the price down, the demand rises.
T. Boone Pickens
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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.
T. Boone Pickens
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It has become cheaper to look for oil on the floor of the New York Stock Exchange than in the ground.
T. Boone Pickens
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Natural gas is the best transportation fuel. It's better than gasoline or diesel. It's cleaner, it's cheaper, and it's domestic. Natural gas is 97 percent domestic fuel, North America.
T. Boone Pickens
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For decades, our dependence on OPEC oil has dictated our national security decisions and tied us up in the Middle East at an incredible price. We've spent more than $5 trillion and thousands of American soldiers have died securing Middle East oil.
T. Boone Pickens
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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.
T. Boone Pickens
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I've always believed that it's important to show a new look periodically. Predictability can lead to failure.
T. Boone Pickens
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There is no free market for oil.
T. Boone Pickens
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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.
T. Boone Pickens
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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.
T. Boone Pickens
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I never did anything dishonest.
T. Boone Pickens
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I fracked over 3,000 wells in my life and never had a problem with an aquifer.
T. Boone Pickens
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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.
T. Boone Pickens
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I think I have more patience now than I did in the past.
T. Boone Pickens
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I don't think for a minute we went to Iraq for oil. It just so happened that it had oil. But I think we'll come out of the Iraqi situation with a call on their oil at market price.
T. Boone Pickens
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Try everything. Do everything. Nuclear. Biomass. Coal. Solar. You name it. I support them all.
T. Boone Pickens
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The cheapest natural gas in the world is in the United States.
T. Boone Pickens
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Work eight hours and sleep eight hours and make sure that they are not the same hours.
T. Boone Pickens
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I don't need any more money.
T. Boone Pickens
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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.
T. Boone Pickens
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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.
T. Boone Pickens
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On a scale from 1-10, my ambition is probably 11 or 12.
T. Boone Pickens
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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.
T. Boone Pickens
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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.
T. Boone Pickens
