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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. "
T. Boone Pickens
Price
Believe
Control
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" I was very fortunate in my gene mix. The gambling instincts I inherited from my father were matched by my mother's gift for analysis. "
T. Boone Pickens
Mother
Analysis
Gift
" As long as there's political uncertainty around the energy space, stock prices will come down. "
T. Boone Pickens
Space
Long
Energy
" Fundamentals make the market. "
T. Boone Pickens
Market
Fundamentals
Make
" 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
Believe
You
Oil
" Chief executives, who themselves own few shares of their companies, have no more feeling for the average stockholder than they do for baboons in Africa. "
T. Boone Pickens
Average
Feeling
Africa
" If somebody I don't like gets in the crosshairs, I pull the trigger. But I don't hunt for them. "
T. Boone Pickens
Pull
Trigger
Hunt
" I don't care whether you use natural gas, ethanol, the battery. You can use anything, just so it's American. "
T. Boone Pickens
You
American
Anything
" 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
Price
Oil
Think
" I'm focused on energy only. And I know what I'm talking about. And I don't want to be distracted on other things. "
T. Boone Pickens
Talking
Energy
Know
" 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. "
T. Boone Pickens
Like
Money
Think
" I've always believed that it's important to show a new look periodically. Predictability can lead to failure. "
T. Boone Pickens
Important
New
Look
" I don't go cheap on anything, but I'm not a shopper. If I want something, I look at it, decide what it is, but it will usually be the best product. I've got a pair of loafers that I still wear that I got in 1957. "
T. Boone Pickens
Cheap
Best
Will
" 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
Try
Mistake
Place
" I say, you work eight hours, and you sleep eight hours - be sure they're not the same eight hours. "
T. Boone Pickens
Work
Sleep
Say
" I've got an opinion on everything. "
T. Boone Pickens
Opinion
Got
Everything
" Work eight hours and sleep eight hours and make sure that they are not the same hours. "
T. Boone Pickens
Sure
Work
Eight
" You want to compete, and you want to compete at the highest level. "
T. Boone Pickens
Want
You
Compete
" There is no free market for oil. "
T. Boone Pickens
Oil
Market
Free Market
" I'm a Republican. I don't want to go to heaven and have to face my family up there and tell them I voted for a Democrat. "
T. Boone Pickens
Republican
Family
Want
" It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil. "
T. Boone Pickens
Good
Important
Power
" The American people know something is wrong as far as energy is concerned. They don't think they are being told the truth. "
T. Boone Pickens
American
Energy
People
" 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
Plan
Energy
America
" Natural gas is better distributed than any other fuel in the United States. It's down every street and up every alley. There's a pipeline. "
T. Boone Pickens
Street
Up
Down
" The cheapest natural gas in the world is in the United States. "
T. Boone Pickens
Environmental
Gas
World
" I always saw myself as a large stockholder trying to make a difference. I wasn't raiding anybody. "
T. Boone Pickens
Myself
Trying
Large
" 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
You
Time
Think
" Natural gas is a better transportation fuel than gasoline, so if that's the case, it's cheaper, it's cleaner and it's a domestic resource. "
T. Boone Pickens
Transportation
Environmental
Better
" Try everything. Do everything. Nuclear. Biomass. Coal. Solar. You name it. I support them all. "
T. Boone Pickens
Support
You
Try
" I don't need any more money. "
T. Boone Pickens
Any
Need
More
" 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
Myself
Computer
Market