T. Boone Pickens
T. 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...
NationalityAmerican
ProfessionBusinessman
Date of Birth22 May 1928
CountryUnited States of America
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.
prices stock
As long as there's political uncertainty around the energy space, stock prices will come down.
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.
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.
gasoline shortage
We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us.
worst persons handle
Money is to be respected one of the worst things you can do is handle another person's money without respect for how hard it was to earn.