T. Boone Pickens Quotes


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.


Citations

Pickens, T. Boone. The First Billion Is the Hardest: Reflections on a Life of Comebacks and America's Energy Future. Crown Business, 2008.

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T. Boone Pickens
T. Boone Pickens
  • Born: May 22, 1928
  • Died: September 11, 2019
  • Nationality: American
  • Profession: Chairman BP Capital Management

Thomas Boone Pickens Jr. was an American business magnate and financier. Pickens chaired the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s. As of November 2016, Pickens had a net worth of $500 million.