Fundamentals make the market.
I've always believed that it's important to show a new look periodically. Predictability can lead to failure.
The first billion is a helluva lot harder.
Try everything. Do everything. Nuclear. Biomass. Coal. Solar. You name it. I support them all.
We are now spending half a trillion dollars on foreign oil, importing 62 percent of the oil we use, and we haven't had the leadership in D.C. to do anything about it. We've got to move to other sources of energy. But we've gotten way behind, and will continue to pay the fiddler. It's not a good future.
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.
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.
I don't need any more money.
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.
Predictability can lead to failure.
Never Googled myself. I use a computer for market quotes and news, but I've never Googled myself. But I have visited their headquarters.
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.
I never did anything dishonest.
I think I have more patience now than I did in the past.
Don't get the idea that I've turned green. My business is making money, and I think this is going to make a lot of money.
We've got all these politicians talking about better health care and what all, but believe me, we're not going to have the money to take care of sick people.. or anyone else as far as I'm concerned.. if we don't fix our energy problem right now. I've got an idea what to do. It might not be a perfect idea, but hell, none of my best ideas have been perfect.
If you can provide the funding and you get the leadership, you'll have a competitive team.
I fracked over 3,000 wells in my life and never had a problem with an aquifer.
There is no free market for oil.
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.
If you don't have a refinery operating, it's hard to use oil that's available.
I know what people say, that water's a lot like air. Do you charge for air? Well, of course not. Well, you shouldn't charge for water. Okay, watch what happens you won't have any water
In the history of America, we've never had an energy plan. We don't even realize the resources that we have available to us.
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.
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.
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