Quotes By T. Boone Pickens

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.

In the history of America, we've never had an energy plan. We don't even realize the resources we have available to us.

I don't care whether you use natural gas, ethanol, the battery. You can use anything, just so it's American.

I've got an opinion on everything.

You give the money where you want it.

Never Googled myself. I use a computer for market quotes and news, but I've never Googled myself. But I have visited their headquarters.

As long as there's political uncertainty around the energy space, stock prices will come down.

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.

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

It has become cheaper to look for oil on the floor of the New York Stock Exchange than in the ground.

I don't go cheap on anything, but I'm not a shopper. If I want something, I look at it, decide what it is, but it will usually be the best product. I've got a pair of loafers that I still wear that I got in 1957.

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

I never did anything dishonest.

If somebody I don't like gets in the crosshairs, I pull the trigger. But I don't hunt for them.

Work eight hours and sleep eight hours and make sure that they are not the same hours.

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

When you look at a commodities market you need hedgers and speculators. If you don't have one, you don't have a market. That's how it works.

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

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.