There is no free market for oil.

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

We are now spending half a trillion dollars on foreign oil, importing 62 percent of the oil we use, and we haven't had the leadership in D.C. to do anything about it. We've got to move to other sources of energy. But we've gotten way behind, and will continue to pay the fiddler. It's not a good future.

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

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

I was very fortunate in my gene mix. The gambling instincts I inherited from my father were matched by my mother's gift for analysis.

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