While it may take hours to get the gas tank filled in parts of the northeast, there's still plenty of gasoline, oil and gas investor Boone Pickens told CNBC's "Closing Bell" on Friday.
"The problem isn't a shortage of gasoline, it's a shortage of power to pump the gasoline out of the tank and into the car," Pickens said.
He said Sandy was an unusual storm that is just going to take time before the situation gets worked out.
(Read More: Gas Shortages May Not End for a Week.)
"I think you accept that this is a 100-year storm and this will be behind you," he said.