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It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil.
— T. Boone Pickens
Tags: important, wind, power, good

Other Quotes by "T. Boone Pickens"

If somebody I don't like gets in the crosshairs, I pull the trigger. But I don't hunt for them.
— T. Boone Pickens
Tags: pull, them, somebody, like
It has become cheaper to look for oil on the floor of the New York Stock Exchange than in the ground.
— T. Boone Pickens
Tags: than, oil, new, look
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.
— T. Boone Pickens
Tags: question, problem, long, time
If you don't have a refinery operating, it's hard to use oil that's available.
— T. Boone Pickens
Tags: use, oil, hard, you
I have always believed that it's important to show a new look periodically. Predictability can lead to failure.
— T. Boone Pickens
Tags: always, new, look, failure
View More by "T. Boone Pickens"
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