Quotes By T. Boone Pickens

Big Oil is a club, and they'll do everything to keep me out.

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.

We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us.

I've always believed that it's important to show a new look periodically. Predictability can lead to failure.

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.

I fracked over 3,000 wells in my life and never had a problem with an aquifer.

You want to compete, and you want to compete at the highest level.

There is no free market for oil.

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.

Try everything. Do everything. Nuclear. Biomass. Coal. Solar. You name it. I support them all.

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.

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.

I think I have more patience now than I did in the past.

The American people know something is wrong as far as energy is concerned. They don't think they are being told the truth.

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.

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.

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.

I don't believe in a price on carbon, because the government is going to control it and they're going to fail.

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.

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.

Fundamentals make the market.

If you don't have a refinery operating, it's hard to use oil that's available.

I always saw myself as a large stockholder trying to make a difference. I wasn't raiding anybody.

Far too many executives have become more concerned with the "four P's" - pay, perks, power and prestige - rather than making profits for shareholders.

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.

On a scale from 1-10, my ambition is probably 11 or 12.

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.

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.

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.

I say, you work eight hours, and you sleep eight hours - be sure they're not the same eight hours.