I've always believed that it's important to show a new look periodically. Predictability can lead to failure.

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.

If somebody I don't like gets in the crosshairs, I pull the trigger. But I don't hunt for them.

I don't need any more money.

I think I have more patience now than I did in the past.

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.

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.