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Tonight going to talk about energy business and the economy with a man who has been right in the middle of all of it for decades.
Boone Pickens joins us this this evening he's the founder and CEO of BP capital.
You have spent.
What 100 million dollars.
Trying to promote.
Natural gas you had the Pickens Plan.
What has come of this and where do you think this is -- Well if I had it to do over again.
Probably wouldn't do it.
But -- mom did I get my -- for -- government tour.
And so it's hard that's seems to be any contradictions so let's don't debate that point.
That if I saw that was going to happen anyway how would not spend money Smart safe do you think the country now is on.
He's aware of the energy that that is here.
Well when I started my campaign.
I didn't realize we have as much as we do.
A one that did so I I didn't see how much we hand in this country.
But now you've changed.
Actually the energy world you're gonna see OPEC.
Diminish in importance.
And you'll see we have more natural gas and any other place in the world.
And we have a lot of -- -- -- our industry.
-- yes industry has tremendous job.
In this country they've hired more people paid more taxes and all I'm not here stumping for the industry just look at the facts.
If you look at that in states.
In the United States that -- hard to most people in election years their energy producing states.
And so I tell you prison Obama may not be aquarius today if it hadn't been for -- and gas industry.
And he hasn't been for the industry.
The industry's done -- since five.
Not doing much to help.
Well are they doing now.
Enough for what could Washington be doing differently.
Two to tap handles well the interesting part of it is that.
The industries doing very well most of drilling rigs in the United States are working in and -- providing more oil more -- for the country.
They I don't know what else they can do you could he could give a tax credit was a pay for.
That's what I tried to get different that.
I don't know if it's gonna happen anyway it's happening.
But what the administration could do -- come out for North American energy plan.
Where you'd bring together candidate United States and Mexico and I think they would be.
They would produce -- Mexico and Canada would.
We have the markets they have -- sources we have resources.
But it could couldn't hit it puts you in a position.
You don't have to have that yet where or ago.
For a -- -- is give us an option to get out of the mideast.
And president Obama's sit in his nominating speech -- 2008.
That was for loan him 2008.
Today he said I was there -- -- when he said it's in ten years we will not import any oil from the mideast.
He's never said that again if he has have missed it.
But we are -- a spot now we don't have to have all committees.
-- seventeen million barrels a day that -- troops through the straits of Hormuz.
In the Persian gulf Hoff that seventeen -- About 10% of it comes -- United States at all.
We do not have to have our fifth fleet we do not have to have our people player.
We have an option now delete.
Barrels -- we kid -- a seventeen million we can replace it for other places.
Here's your critics who -- is that you're in this for yourself you're just trying to get Washington is actually you can make some more money.
What is -- details give me details where is it that I'm gonna make money and a well I don't know but that's what this that's what they say it and they don't give any details.
-- out of patriotic American and I know how to fix the energy in America.
That's hit and I -- him in energy of course I think that's all they were not only that's why I'm an expert on energy.
I would geologists have been got out -- -- 51.
Column I've been in the industry -- hundred years almost sometimes it felt like that are here.
You haven't had any movement on an energy bill do you think that there is now motivation.
To do this do you think that you're getting to the point where it's like a tipping point.
That maybe now -- that.
You've never had an energy.
Plan in America ever we've never had a point.
We are the largest user of energy in the world and we have no plan.
And we've had president after president Democrats Republicans.
All say it directly in we'll be energy independent.
They elected a woman they never had an energy plan they never.
This you never saw the play and it's kind of getting like the budget.
Yeah I can't imagine going five years without a budget.
Has his -- its incredible I can't imagine indoors.
45 years without an energy plan.
So you're frustrated but you're still plug.
-- we're gonna get there I mean this country's gonna get there we have the resources.
And it's gonna happen it will happen.
We appreciate your -- good thank thank you.
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