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Quote by T. Boone Pickens

“We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us.”

Author

T. Boone Pickens, born on May 22, 1928, is an American financier renowned for his investments in the energy and natural resources sectors. He is particularly known for his investments in natural gas and wind energy. Pickens has extensive experience in the oil and gas industry, having founded Billionaire Energy Corporation and becoming a billionaire in the 1970s. more

“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.”

Way Believe Happens Millions Demand Productions Oil Vocal Barrels Gasoline Oil Production

Author:T. Boone Pickens

“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.”

Thinking Situation Happened Minutes Iraq Oil

Author:T. Boone Pickens

“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.”

Long Problem Huge Source Periods Available Oil Canada Sand Requirements Arabia Saudi Arabia Saudis Long Periods Of Time

Author:T. Boone Pickens

“A healthy democracy requires a decent society; it requires that we are honorable, generous, tolerant and respectful.”

Political Politics Democracy Society Healthy Generous Decent Honorable Respectful

Author:Charles W. Pickering