Boone Pickens
Boone Pickens
Thomas Boone Pickens, Jr., known as T. Boone Pickens, is an American business magnate and financier. Pickens chairs the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s. As of September 2014, Pickens has a net worth of $1 billion...
consist cup generates good great keeping meetings putting records talk
Writing is great for keeping records and putting down details, but talk generates ideas. Great things come from our luncheon meetings which consist of a sandwich, a cup of soup, and a good idea or two. No martinis.
barrels demand forecasts higher million produces seen
The world produces about 85 million barrels a day. That's where demand is now, too. And I've seen forecasts that demand is going to be higher than that by the end of the year.
prices stock
As long as there's political uncertainty around the energy space, stock prices will come down.
gas invest natural profit push time
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.
foreign good oil power produced replace solar understand
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.
amused blame congress heard somebody tries
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.
fourth half later levels pick quarter somewhat year
We think the first half of the year is going to be somewhat slow, pick up later in the year and in the fourth quarter we'll be back up to levels like we are now.
cheapest environmental gas natural united
The cheapest natural gas in the world is in the United States.
cleaner domestic environmental fuel
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.
whether
I don't care whether you use natural gas, ethanol, the battery. You can use anything, just so it's American.
bad-ass firsts billions
The first billion is a helluva lot harder.
triggers hunts ifs
If somebody I don't like gets in the crosshairs, I pull the trigger. But I don't hunt for them.
fundamentals
Fundamentals make the market.
gasoline shortage
We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us.