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.

If you don't have a refinery operating, it's hard to use oil that's available.

Predictability can lead to failure.

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.

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.

There is no free market for oil.

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.