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.
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.
You want to compete, and you want to compete at the highest level.
I've 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.
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.
Predictability can lead to failure.
If you're on the right side of the issue, just keep driving until you hear glass breaking. Don't quit.
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.
On a scale from 1-10, my ambition is probably 11 or 12.
I always saw myself as a large stockholder trying to make a difference. I wasn't raiding anybody.
There is no free market for oil.
If you can provide the funding and you get the leadership, you'll have a competitive team.
I'm a Republican. I don't want to go to heaven and have to face my family up there and tell them I voted for a Democrat.
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.
A dollar is not worth as much as you think it is. Your honesty is worth much more.
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.
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.
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.
The older I get, the more I see a straight path where I want to go. If you're going to hunt elephants, don't get off the trail for a rabbit.
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.
When you are hunting elephants, don't get distracted chasing rabbits.
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.
A Fool with a Plan is better off than a Genius without a Plan!
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.
I don't believe in a price on carbon, because the government is going to control it and they're going to fail.
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.
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 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
When you blow away the foam, you get down to the real stuff.
If somebody I don't like gets in the crosshairs, I pull the trigger. But I don't hunt for them.
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 don't need any more money.
Work eight hours and sleep eight hours, and make sure that they are not the same eight hours.
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 fracked over 3,000 wells in my life and never had a problem with an aquifer.
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.
We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us.
Fundamentals make the market.
If you don't have a refinery operating, it's hard to use oil that's available.
Far too many executives have become more concerned with the four P's -- pay, perks, power and prestige -- rather than making profits for shareholders.
The first billion is a helluva lot harder.
I've been married over 50 years of my life.
Never Googled myself. I use a computer for market quotes and news, but I've never Googled myself. But I have visited their headquarters.
You give the money where you want it.
A plan without action is not a plan. It's a speech.
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.
I never did anything dishonest.
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.
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.
Work hard. Come early, stay late. That's the way leadership has to approach it.
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.
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.
I think I have more patience now than I did in the past.
A fool with a plan can outsmart a genius with no plan.
