Quotes by: T. Boone Pickens
|T. Boone Pickens
Pickens at the 2011 Time 100 gala
||Thomas Boone Pickens, Jr.
May 22, 1928
Holdenville, Oklahoma, U.S.
||Oklahoma State University
||Chairman of BP Capital Management
||1) Lynn O'Brien (m. 1949; div. 1971)
2) Beatrice Carr (m. 1972; div. 1998)
3) Nelda Cain (m. 2000; div. 2004)
4) Madeleine Paulson (m. 2005; div. 2012)
5) Toni Brinker (m. 2014)
Thomas B. Pickens III
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.
Far too many executives have become more concerned with the 'four P's' - pay, perks, power and prestige - rather than making profits for shareholders.
I fracked over 3,000 wells in my life and never had a problem with an aquifer.
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.
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.
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.
If you can provide the funding and you get the leadership, you'll have a competitive team.
The American people know something is wrong as far as energy is concerned. They don't think they are being told the truth.
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.
It has become cheaper to look for oil on the floor of the New York Stock Exchange than in the ground.
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.
Try everything. Do everything. Nuclear. Biomass. Coal. Solar. You name it. I support them all.
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 have always believed that it's important to show a new look periodically. Predictability can lead to failure.
We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us.
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.
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.
In the history of America, we've never had an energy plan. We don't even realize the resources we have available to us.