FastSaying

It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil.

T. Boone Pickens

T. Boone Pickens

AboutDifferentDifferent ThingsForeignForeign OilFuelGenerationGetGoodImportantOffOilPowerProducedProjectsReplaceSolarThingsTransportationUnderstandUsUsedWind

Related Quotes

If you don't have a refinery operating, it's hard to use oil that's available.
— T. Boone Pickens
Oil
We shouldn't be so dependent on foreign oil.
— Jon Corzine
DependentForeignForeign Oil
[Just about the only thing about which both sides agree is that the recent run-up in oil prices, which began well before Hurricane Katrina, has been caused because demand for oil - spurred by growth in China, the generally healthy economic condition of the Western world, and other factors - has caught up with supply.] The world produces about 85 million barrels a day, ... That's where demand is now, too. And I've seen forecasts that demand is going to be higher than that by the end of the year.
— Boone Pickens
Oil
We have seen what the dependence and addiction to foreign oil has done to us economically.
— Ron Kind
AddictionDependenceDone
There is no free market for oil.
— T. Boone Pickens
FreeFree MarketMarket