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

There is no free market for oil.

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.

Far too many executives have become more concerned with the four P's -- pay, perks, power and prestige -- rather than making profits for shareholders.

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'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 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.