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.

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.

You give the money where you want it.

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.

I'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.

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.

The first billion is a helluva lot harder.