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.
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.
I don't care whether you use natural gas, ethanol, the battery. You can use anything, just so it's American.
Big Oil is a club, and they'll do everything to keep me out.
The cheapest natural gas in the world is in the United States.
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.
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.
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.
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.
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.
In the history of America, we've never had an energy plan. We don't even realize the resources we have available to us.
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.
We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us.
Never Googled myself. I use a computer for market quotes and news, but I've never Googled myself. But I have visited their headquarters.
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.
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.
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've always believed that it's important to show a new look periodically. Predictability can lead to failure.
I have always believed that it's important to show a new look periodically. Predictability can lead to failure.
