Quotes by T. Boone Pickens

About T. Boone Pickens:

Thomas Boone Pickens, Jr. 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.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

There is no free market for oil.

T. Boone Pickens

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...

T. Boone Pickens

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

T. Boone Pickens

I never did anything dishonest.

T. Boone Pickens

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

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

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

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

T. Boone Pickens

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

T. Boone Pickens

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

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

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

The cheapest natural gas in the world is in the United States.

T. Boone Pickens

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 ...

T. Boone Pickens

If you can provide the funding and you get the leadership, you'll have a competitive team.

T. Boone Pickens

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

T. Boone Pickens

I've been married over 50 years of my life.

T. Boone Pickens

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 re...

T. Boone Pickens

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 give the money where you want it.

T. Boone Pickens

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

Author Bio

  • NameT. Boone Pickens
  • DescriptionAmerican financier; Chairman, BP Capital Management
  • BornMay 22, 1928
  • CountryUnited States Of America
  • ProfessionEntrepreneur; Financier; Rancher