A conversation with Texas oil mogul Boone Pickens

with Boone Pickens
in Current Affairs, Business
on Friday, June 16, 2006 * * * * *

play

E-mail this video:

Distribute this video:

Share on:

Close
Description

A conversation with Texas oil mogul Boone Pickens about the oil industry and its future.

Video Share Options
Share
Buy Amazon DVD
Keywords:
oil tycoon
Boone Pickens
gasoline
oil

In order to download Charlie Rose podcasts to iTunes for transfer to an iPod, you must have iTunes installed. If you do, please click the following link to download the podcast for this interview:

itpc://www.charlierose.com/view/itunes/354

Otherwise, close this window to continue viewing.

Close
  • Comments 5
    Post new comment
    1. Uncle Ron  11/05/2008 10:41 PM Report

      Just one more point on Mr. Pickens (excuse the missing "n" in previous post). I recently saw him on TV in an interview and he stated he wanted "emminent domain" used to acquire the land for transmission lines. Isn't that lovely - have the government force people to sell their land or maybe use it for something they don't want to (at what price and would it be fair?) so Mr. Pickens can have his transmission lines and presumably make millions. If this technology is going to be

      so great (read article in previous post that seriously questions that premise), why can't it "fly" on it own?

    2. Uncle Ron  11/03/2008 11:52 PM Report

      If you would like to read about some of the

      realities of windpower, find the 8/18/08 issue

      of "National Review" and an article by William

      Tucker in great detail on the problems with

      this technology - very enlightening. I hope Mr. Pickes has read it - might save him a lot of money.

    3. Rick  09/29/2008 04:46 PM Report

      The Sun supplies all the power we could ever need.

      In addition we can have wind, hydro, and other Green renewable energies and they are great.

      What bothers me is the special interest groups, the elite profiteers, and corporations that could care less about human health/environment and will stop at nothing to find a way to monopolize energy.

      They do this by convincing the public that we have to have special industries that use complex refineries to make these specialized fuels. These are systems that the average person, or small group can't do. This insures a huge constant revenue for the most powerfull. It's all smoke and mirrors to keep the public ignorant.

      Sad thing is that all these methods are polluting and have hazardous byproducts. It's unnecessary to harm our environment for the sake of energy, but the powers that be insist on being greedy.

      When man can evolve enough to think for the good of all, then maybe there'll be hope for us.

    4. Uncle Ron  09/05/2008 12:21 AM Report

      I fully support domestic energy development including ANWR, sensible and economically sound renewables and nuclear power. It is, of course, preferable to keep our dollars at home and employ Americans. However, in his TV ads, Mr. Pickens says we are "exporting" our wealth to overseas countries and companies. This seems to be false logic due to the fact that we are "exchanging" our wealth (dollars) for a product called oil. If we ship a case of

      French wine here, are we giving away our wealth? - of course not, we are utilizing dollars to buy something we want to enjoy. Same goes for buying energy - Mr. Pickens logic would have to conclude we should not engage in any foreign trade whatsoever. It would by extension mean when a foreign country buys wheat from our farmers, it is giving away its wealth. Pull out that "International Economics" text Mr. Pickens.

      Another point about his "wind power" projects. He wants government (taxpayers) to pay for the transmission lines which will cost billions and thus allow him to make his millions. The fly in the ointment for him will be "lawsuits" from all the leftist enviromental groups who don't want power lines running through their favorite preservation sites. The same groups who stop ANWR, nuclear power and cause our forests to burn down. While I don't agree with these groups 98% of the time, I don't want the landscape overrun with transmission lines either. Currently, wind supplies 2/3rds of one percent of U.S. energy - Mr. Pickens has a long way to go and picked a hard way to get there.

    5. bob  11/18/2007 12:29 AM Report

      This guys made over a billion dollars trading energy just last year because he knows what he is talking about. He's dead on with the water idea and he has invested about 6billion in wind all over Texas. He's an energy man and not just an oil man anymore. We are all going to be in for a shock when a major involuntary conservation movement hits up with big time energy costs. The sinking dollar is going to seal the deal on this one. History tells us that every great civilization has fallen when it was the most sure of its future. I just hope we have consumed ourselves out of a stable economy. Somebody dig up Milton Freeman because this is capitalism. Capitalism is allowing the success of goods and services to work themselves out a true free market. The lagest companies have turned into cannibals against their own country with the DotComBust/banking/stock advising fiasco, the Vioxx/Merck/NIH lapses, the outsourcing of manuf and information jobs to emerging countries, the predatory lending to our own people just to have it back fire at us all while depending on the people who hate us to keep our currency stable. The market will correct itself, but in a global economy that correction may mean more American companies that just Halliburton will be moving overseas. Why not the whole country is on sale right now. I thought Mr Pickens was very straight and informative.