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

T. Boone Pickens

T. Boone Pickens

ExtremelyGasolinePricesTight

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We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us.
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Natural gas is a better transportation fuel than gasoline, so if that's the case, it's cheaper, it's cleaner and it's a domestic resource.
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Natural gas is the best transportation fuel. It's better than gasoline or diesel. It's cleaner, it's cheaper, and it's domestic. Natural gas is 97 percent domestic fuel, North America.
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I do believe that oil production globally has peaked at 85 million barrels. And I've been very vocal about it. And what happens? The demand continues to rise. The only way you can possibly kill demand is with price. So the price of oil, gasoline, has to go up to kill the demand. Otherwise, keep the price down, the demand rises.
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I've always believed that it's important to show a new look periodically. Predictability can lead to failure.
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