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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
You
American
Anything
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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
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" 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
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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've been married over 50 years of my life. "
T. Boone Pickens
Over
Years
My Life
" We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us. "
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Going
Us
Up
" 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. "
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Environmental
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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
Look
Market
You
" There is no free market for oil. "
T. Boone Pickens
Oil
Market
Free Market
" 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
" You want to compete, and you want to compete at the highest level. "
T. Boone Pickens
Want
You
Compete
" Fundamentals make the market. "
T. Boone Pickens
Market
Fundamentals
Make
" Big Oil is a club, and they'll do everything to keep me out. "
T. Boone Pickens
Everything
Oil
Keep
" 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 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
" 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
" 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 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 fracked over 3,000 wells in my life and never had a problem with an aquifer. "
T. Boone Pickens
Had
Problem
Life
" 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
" 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
" I don't need any more money. "
T. Boone Pickens
Any
Need
More
" I have always believed that it's important to show a new look periodically. Predictability can lead to failure. "
T. Boone Pickens
Failure
Look
New
" To me, emails are a little bit frustrating. I think that the telephone is much preferred because you get the sound of the voice and the interest and everything else you can't see in an email. "
T. Boone Pickens
See
You
Voice
" 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
" If you can provide the funding and you get the leadership, you'll have a competitive team. "
T. Boone Pickens
You
Competitive
Get
" I never did anything dishonest. "
T. Boone Pickens
Anything
Never
Dishonest
" 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
" 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
Better
Transportation
America
" 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
Long
Time
Problem
" 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