T. Boone Pickens

  • Aired:  01/27/11
  •  | Views: 66,945

T. Boone Pickens notes that America is the only country in the world without an energy plan. (6:21)

>> Jon: WELCOME BACK, MY GUEST

TONIGHT, HE IS THE FOUNDER AND

CHAIRMAN OF BULLPEN CAPITAL,

PLEASE WELCOME BACK TO THE SHOW

T. BOONE PICKENS.

IS

(APPLAUSE)

NICE TO SEE YOU AGAIN.

(APPLAUSE)

THANK YOU FOR JOINING US AGAIN.

SO HAVE YOU... YOU FOUNDED

BULLPEN CAPITAL.

>> I DID.

>> Jon: HOW UPSET WERE YOU WHEN

THE INITIALS BULLPEN TURNED INTO

WHAT THEY TURNED... B.P..

>> WELL, I FEEL LIKE THEY TOOK

OFF ON MY NAME.

AND IT DIDN'T HELP.

>> Jon: NO, I DID NOT.

THEY, IN FACT, STOLE IT.

LET ME ASK YOU THIS, SO YOU WERE

ON TWO YEARS AGO, AND AT THE

TIME YOU WERE DISCUSSING HOW IN

TEN YEARS YOU FELT LIKE WE WOULD

BE OFF OF FOREIGN OIL.

>> NO.

(LAUGHTER)

>> Jon: IN 20 YEARS YOU FELT...

IN 50 YEARS...

>> NO.

>> Jon: 30 YEARS?

(LAUGHTER)

WHAT WAS THE TIME FRAME THAT YOU

WERE LOOKING AT TO GET US OFF?

>> WHAT I WANTED TO GET US OFF

OF WAS OPEC OIL.

>> Jon: OPEC OIL.

>> RIGHT.

SEE, WE IMPORT 13 MILLION

BARRELS A DAY.

>> Jon: OF OPEC OIL?

>> NO, FIVE OF IT COMES FROM

OPEC.

>> Jon: THAT'S WHO YOU WANT TO

ELIMINATE.

TEN YEARS.

>> YEAH, WE CAN DO IT.

WE CANNOT THEM OUT IN TEN YEARS.

>> Jon: WELL, THIS WAS TWO YEARS

AGO THAT YOU HAD SAID THIS.

>> YES.

>> Jon: HOW MUCH CLOSER TO OUR

GOAL NOW... WE ARE 20% IN.

HAVE WE KNOCKED OFF 20% OF OPEC?

>> NO.

(LAUGHTER)

>> Jon: SO WOULD YOU SAY, SIR,

WE'RE BEHIND?

(LAUGHTER)

>> WELL, WE'RE TEN YEARS... IT'S

STILL TEN YEARS.

>> Jon: IT'S GOING TO HAPPEN ALL

AT ONCE.

WE'LL DO NOTHING AND THEN IN TEN

YEARS...

(LAUGHTER)

BOOM?

>> NO, THAT'S NOT GONNA WORK,

EITHER.

>> Jon: ALL RIGHT.

>> NO, YOU'VE GOT TO GET

STARTED.

WE'VE GOT TO GET STARTED.

BUT IF YOU REMEMBER, THE

PRESIDENT TOLD US WHEN HE GOT

THE NOMINATION, HE SAID NOW THIS

IS JULY OF '08 8.

HE SAID IN TEN YEARS WE WILL NOT

IMPORT ANY OIL FROM THE MIDDLE

EAST.

I LOVED IT.

IT'S A GREAT STATEMENT.

>> Jon: NOW, YOU KNOW... BOY, I

HATE TO DO THIS.

I FEEL LIKE I'M TELLING YOU

SANTA'S NOT REAL.

(LAUGHTER)

YOU KNOW, THERE HAVE BEEN SOME

OTHER PRESIDENTS IN YOUR

LIFETIME WHO MAY HAVE MADE A

SIMILAR STATEMENT GOING ALL THE

WAY BACK TO, LET'S SAY, GROVER

CLEVELAND.

(LAUGHTER)

THIS IS SOMETHING THAT WE HAVE

HEARD AS THE AMERICAN PEOPLE

OVER AND OVER AND OVER AGAIN

FROM THE TIME OF NIXON.

>> I USE YOUR DEAL ON MY WEB

SITE.

>> Jon: OH, THE LITTLE... THE

COMPILATION OF ALL THE

PRESIDENTS SAYING THAT?

>> YEAH.

>> Jon: WHY DO YOU BELIEVE IT

NOW WHAT MAKES YOU BELIEVE IT

NOW?

>> IT'S GOT TO BE DONE FOR THE

COUNTRY.

ABSOLUTELY.

WE'VE GONE 40 YEARS WITH NOW

ENERGY PLAN.

DO YOU KNOW WHO ELSE DOESN'T

HAVE AN ENERGY PLAN IN THE WORLD

>> Jon: LICK TEN AND SEEN TBe√∑

>> NOBODY!

>> Jon: NOBODY?

>> NOBODY, WE'RE THE ONLY ONES

WITHOUT AN ENERGY PLAN.

>> Jon: IS ANYONE ELSE TAKING

THIS STEP TO NATURAL SGHAS ARE

THERE OTHER COUNTRIES THAT HAVE

MADE ADVANCES THAT WE HAVE NOT?

>> YEAH.

THERE ARE OTHERS HAVE THAT HAVE

TAKEN THE PICKENS PLAN.

CHINA.

>> Jon: THE PICKENS PLAN?

>> YEAH.

>> Jon: (LAUGHS)

>> THEY HAVE.

IT WAS IN THE "WALL STREET

JOURNAL."

>> Jon: I'VE GOT TO TELL YOU,

THAT IS CATCHY.

CHINA HAS...

>> THE "WALL STREET JOURNAL" HAD

THE OTHER DAY THAT CHINA HAS

ACCEPTED THE PICKENS PLAN.

>> Jon: WHAT IS THE PICKENS PLAN

AND WHY DID CHINA GET IT AND DID

YOU OFFER IT TO US FIRST?

(LAUGHTER)

>> I DID, OF COURSE.

>> Jon: WELL, WHAT DID WE SAY?

>> WE... WE'RE WORKING ON IT.

SON OF A GUN!

>> RIGHT.

SON OF A BITCH.

(LAUGHTER)

>> Jon: DID YOU TELL THEM CHINA

WAS TAKING IT?

>> I DID.

BUT...

(LAUGHTER)

YOU'RE... THIS... I MEAN THE

CHINESE ARE NOT THE ONLY ONES.

>> Jon: WHO ELSE?

>> TODAY... YESTERDAY ABU DHABI

SAID THEY'RE GOING TO USE

NATURAL GAS FOR TRANSPORTATION

FUEL AND GUESS WHAT?

>> Jon: WHAT?

>> WELL, THEY'LL SELL THE OIL TO

US.

(LAUGHTER)

THEY'RE GOING TO USE NATURAL

GAS.

WELL, IT'S ALL OVER.

IRANIANS HAVE ALSO DONE THE SAME

THING.

THEY'RE GONE TO NATURAL GAS FOR

TRANSPORTATION.

>> Jon: OH, THAT'S GREAT.

THAT'S REALLY GOOD.

I'M REALLY HAPPY FOR THEM.

THAT'S EXCITING.

(LAUGHTER)

GIVE THEM MORE TIME TO WORK ON

THE NUCLEAR PROGRAM.

THAT'S EXCITING.

WHAT IS IT... IF THIS IS TOO

GOOD TO BE TRUE-- AND WE ARE

CONDITIONED TO BE SOMEWHAT...

IT'S LIKE WHEN YOU GET BROKEN UP

AND YOUR HEART GETS SCARRED.

WE ARE CONDITIONED TO BE

CAUTIOUS.

IT SOUNDS TOO GOOD TO BE TRUE SO

IT MUST BE.

IS IT HORRIBLY ON FAITH.

IS THAT WHAT IT IS?

IS IT THAT WE CAN'T DO IT

WITHOUT POISONING THE COUNTRY?

WHAT IS IT THAT'S KEEPING US

FROM DOING IT?

>> FRACKING STARTED IN 1953 AND

I DO NOT ONE WELL... THEY ALWAYS

USED TO SAY IT CONTAMINATE IT IS

AQUIFER.

I'VE NEVER SEEN THAT HAPPEN.

AND YOU'RE NOT TALKING ABOUT

BEING THE FIRST READER.

I'VE BEEN HERE.

I HAVE FRANKED 3,000 WELLS IN MY

LIFE.

(LAUGHTER)

>> YOU'RE LIKE THAT WILT

CHAMBERLAIN OF TRACKING.

(LAUGHTER)

>> I'VE NEVER SEEN ANYTHING

DAMAGED.

>> Jon: I'M SURE THERE ARE

PEOPLE WHO WOULD SAY "I HAVE.

IT'S BEEN ON MY LAND."

IS THERE A WAY TO DO IT AND

STILL PROTECT THE HEALTH OF THE

LAND AND THE PEOPLE WHO ARE ON

TOP OF THESE HUGE RESERVES?

>> THERE HAVE BEEN SEVERAL

HUNDRED THOUSAND WELLS FRACKED.

YES, SURE THERE IS.

THERE'S NO QUESTION ABOUT IT.

>> Jon: WE CAN DO IT.

>> OH....

>> Jon: YOU FEEL CONFIDENT?

>> I FEEL... I KNOW.

>> Jon: TEN YEARS.

>> EIGHT YEARS?

>> OH, WE COULD....

>> Jon: 30 YEARS?

>> WE COULD DO... WE CAN... THE

FIRST PLACE WE HAVE TO START...

I MEAN, OTHER PEOPLE ARE DOING

WHAT I'M TRYING TO GET AMERICA

TO DO.

WE'VE GOT TO HAVE AN ENERGY

PLAN.

ENERGY PLAN MEANS YOU'VE GOT TO

GET ON YOUR OWN RESOURCES.

>> Jon: HERE'S WHAT WE'RE GOING

DO.

I'M GOING GO TO COMMERCIAL

BREAK.

DO YOU HAVE FIVE MINUTES TO

EXPLAIN THE ENERGY PLAN WILL BE

AND HOW THEY'RE GOING TO

IMPLEMENT IT?

>> I'LL STAY AN HOUR.

(LAUGHTER)

Loading...