Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

T. Boone Pickens
Age: 91 †
Born: 1928
Born: May 22
Died: 2019
Died: September 11
Entrepreneur
Financier
Rancher
Holdenville
Oklahoma
Thomas Boone Pickens
Jr.
Minutes
Went
Situation
Iraqi
Happened
Oil
Call
Minute
Come
Price
Think
Market
Thinking
Iraq

More quotes by T. Boone Pickens

Image
I don't go looking for somewhere to spend my money. You can step on a tube of toothpaste for a week, if you have to. I spend what I need to and give it away.
T. Boone Pickens
Image
Work eight hours and sleep eight hours, and make sure that they are not the same eight hours.
T. Boone Pickens
Image
A plan without action is not a plan. It's a speech.
T. Boone Pickens
Image
Given the current state of our finances, we could sure use a quarter of a trillion dollars a year recycling through the U.S. economy rather than through the economies of Iran, Russia, and Venezuela.
T. Boone Pickens
Image
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.
T. Boone Pickens
Image
We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us.
T. Boone Pickens
Image
When you are hunting elephants, don't get distracted chasing rabbits.
T. Boone Pickens
Image
For decades, our dependence on OPEC oil has dictated our national security decisions and tied us up in the Middle East at an incredible price. We've spent more than $5 trillion and thousands of American soldiers have died securing Middle East oil.
T. Boone Pickens
Image
I've got an opinion on everything. Sure, you ought to do OCS, you ought to do renewables, you ought to do biofuels, you ought to do ethanol, all of them. Those are ours and we've got to get off the dependency on the foreign oil.
T. Boone Pickens
Image
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.
T. Boone Pickens
Image
I've always believed that it's important to show a new look periodically. Predictability can lead to failure.
T. Boone Pickens
Image
You want to compete, and you want to compete at the highest level.
T. Boone Pickens
Image
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.
T. Boone Pickens
Image
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.
T. Boone Pickens
Image
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.
T. Boone Pickens
Image
Be willing to make decisions. That's the most important quality in a good leader. Don't fall victim to what I call the 'ready-aim-aim-aim-aim syndrome'. You must be willing to fire.
T. Boone Pickens
Image
Try everything. Do everything. Nuclear. Biomass. Coal. Solar. You name it. I support them all.
T. Boone Pickens
Image
A Fool with a Plan is better off than a Genius without a Plan!
T. Boone Pickens
Image
Never Googled myself. I use a computer for market quotes and news, but I've never Googled myself. But I have visited their headquarters.
T. Boone Pickens
Image
Keep things informal. Talking is the natural way to do business. Writing is great for keeping records and putting down details, but talk generates ideas. Great things come from out luncheon meetings which consist of a sandwich, a cup of soup, and a good idea or two. No martinis.
T. Boone Pickens