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" I don't need any more money. "
T. Boone Pickens
Any
Need
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" 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
" 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
" 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
" Fundamentals make the market. "
T. Boone Pickens
Market
Fundamentals
Make
" 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
" 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 have always believed that it's important to show a new look periodically. Predictability can lead to failure. "
T. Boone Pickens
Failure
Look
New
" 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
" The cheapest natural gas in the world is in the United States. "
T. Boone Pickens
Environmental
Gas
World
" 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
" 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 always saw myself as a large stockholder trying to make a difference. I wasn't raiding anybody. "
T. Boone Pickens
Myself
Trying
Large
" Try everything. Do everything. Nuclear. Biomass. Coal. Solar. You name it. I support them all. "
T. Boone Pickens
Support
You
Try
" As long as there's political uncertainty around the energy space, stock prices will come down. "
T. Boone Pickens
Space
Long
Energy
" 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 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 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
" 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 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 think I have more patience now than I did in the past. "
T. Boone Pickens
More
Patience
Than
" 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 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 been married over 50 years of my life. "
T. Boone Pickens
Over
Years
My Life
" Big Oil is a club, and they'll do everything to keep me out. "
T. Boone Pickens
Everything
Oil
Keep
" There is no free market for oil. "
T. Boone Pickens
Oil
Market
Free Market
" You give the money where you want it. "
T. Boone Pickens
Money
You
Where
" If you can provide the funding and you get the leadership, you'll have a competitive team. "
T. Boone Pickens
You
Competitive
Get
" 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