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 PickensThe 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.
T. Boone PickensI don't believe in a price on carbon, because the government is going to control it and they're going to fail.
T. Boone PickensI'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.
T. Boone PickensI 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