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.

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.

On a scale from 1-10, my ambition is probably 11 or 12.

I never did anything dishonest.

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.

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.

A dollar is not worth as much as you think it is. Your honesty is worth much more.