BP Capital founder T. Boone Pickens digs into how much oil the U.S. is using and producing, as well as whether North America is on track for energy independence.» Read More
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President Obama's overtures about ridding the US of dependence on foreign oil were encouraging but should have gone further, energy financier T. Boone Pickens told CNBC.
Natural-gas powered vehicles have taken a backseat to hybrids and electric ones, but proponents say they are a natural fit with America's energy supply. What's now a novelty could become a viable alternative with the right infrastructure and government incentives in place.
Touting his energy plan to get America off foreign oil, financier T. Boone Pickens told CNBC Wednesday that the U.S. is importing oil from its "enemies."
The massive oil spill in the Gulf of Mexico has sparked more talk of a move to clean energy, and billionaire energy investor Boone Pickens, founder of BP Capital Management, is among those calling for action.
It's possible that the current oil leaking into the Gulf of Mexico could last a year, said oilman T. Boone Pickins, citing similar leaks.
The legendary oilman discusses the possibility for sky-high crude prices, the potential of natural gas and BP’s spill in the Gulf of Mexico.
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A proposal to use more US natural gas instead of foreign oil is making "great strides" and will likely be passed by Congress by year-end, T. Boone Pickens, founder and CEO of BP Capital told CNBC.
The US would be making a monumental mistake if it does not begin to utilize one of its most prevalent energy resources, natural gas, oil tycoon Boone Pickens, told CNBC Thursday.
On Mad Money, that is. Cramer talks up the tycoon about his favorite topic: natural gas.
Boone Pickens spent much of the last two years, and $62 million of his fortune, on an advertising and public relations offensive in which he tried to persuade Americans to embrace his Pickens plan. It called for a vast expansion of wind energy to displace natural gas, freeing the natural gas for use in vehicles, thus displacing foreign oil.
Texas billionaire T. Boone Pickens has made headlines with his clean energy plan for America. But what you haven't heard is the 81-year-old's plan to stay mentally and physically fit. Neuroscientists who have studied his brain say it appears to function like someone half his age.
BP Capital Management Founder and Chairman T. Boone Pickens said he continues to expect oil prices will spike when the global economy picks up and spurs greater demand for oil.
Texas oil billionaire T. Boone Pickens said on Wednesday said he has delayed his plans to build the world's largest wind farm in the Texas Panhandle, due to financing problems.
Plans for the world's largest wind farm in the Texas Panhandle have been scrapped, energy baron T. Boone Pickens said Tuesday, and he's looking for a home for 687 giant wind turbines.
Oil prices are likely to hit $75 a barrel this year, and rise further next year, T. Boone Pickens, founder and Chairman of BP Capital Management, told CNBC Tuesday.
Migrating toward natural gas for fuel rather than oil will shake off the US dependency on foreign oil, strengthening its security, T. Boone Pickens, founder and chairman of BP Capital Management, told CNBC Tuesday.