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" On a scale from 1-10, my ambition is probably 11 or 12. "
T. Boone Pickens
Scale
Ambition
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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
Good
Important
Power
" It has become cheaper to look for oil on the floor of the New York Stock Exchange than in the ground. "
T. Boone Pickens
New
Ground
Look
" 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
" You give the money where you want it. "
T. Boone Pickens
Money
You
Where
" Try everything. Do everything. Nuclear. Biomass. Coal. Solar. You name it. I support them all. "
T. Boone Pickens
Support
You
Try
" 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've been married over 50 years of my life. "
T. Boone Pickens
Over
Years
My Life
" 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
" 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
" 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
" 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
" I've got an opinion on everything. "
T. Boone Pickens
Opinion
Got
Everything
" 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 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 have always believed that it's important to show a new look periodically. Predictability can lead to failure. "
T. Boone Pickens
Failure
Look
New
" Far too many executives have become more concerned with the 'four P's' - pay, perks, power and prestige - rather than making profits for shareholders. "
T. Boone Pickens
Four
Far
Become
" You want to compete, and you want to compete at the highest level. "
T. Boone Pickens
Want
You
Compete
" 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 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
" 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
" There is no free market for oil. "
T. Boone Pickens
Oil
Market
Free Market
" The cheapest natural gas in the world is in the United States. "
T. Boone Pickens
Environmental
Gas
World
" 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
" I think I have more patience now than I did in the past. "
T. Boone Pickens
More
Patience
Than
" 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
" I fracked over 3,000 wells in my life and never had a problem with an aquifer. "
T. Boone Pickens
Had
Problem
Life
" Big Oil is a club, and they'll do everything to keep me out. "
T. Boone Pickens
Everything
Oil
Keep
" As long as there's political uncertainty around the energy space, stock prices will come down. "
T. Boone Pickens
Space
Long
Energy
" 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
" Work eight hours and sleep eight hours and make sure that they are not the same hours. "
T. Boone Pickens
Sure
Work
Eight