"You want to get those people back to work, and you don't do it by raising taxes," Pickens said.
Pickens also said that the climate change forum must recognize the distinction between crude oil and natural gas. "Natural gas is 80 percent cleaner than diesel fuel, and diesel is foreign oil," Pickens said. "What do you want to do, subsidize OPEC?" Pickens also delivered the latest statistics of the "Pickens Monthly Oil Report" during the interview. The U.S. imported 62% of the oil it consumed during the month of February. The imported oil amounted to $13 billion in cash that the U.S. sent to its foreign oil suppliers, Pickens said. For companies with skin in the energy game, the stakes of the Geithner/Pickens fight are high.![]() |
| T. Boone Pickens |
![]() |
- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
Oil *
78.36
|
|
UP
30.69
|
UP
4.98
|
UP
6.87
|
DOWN
0.38
|
10 Yr
3.28%
SPDR Gold
116.62
|
|
+0.29%
|
+0.45%
|
+0.32%
|
-1.15%
|
Data delayed 20 minutes |
















