Just about the only thing about which both sides agree is that the recent run-up in oil prices, which began well before Hurricane Katrina, has been caused because demand for oil - spurred by growth in China, the generally healthy economic condition of the Western world, and other factors - has caught up with supply. The world produces about 85 million barrels a day, ... That's where demand is now, too. And I've seen forecasts that demand is going to be higher than that by the end of the year.
More Quotes from Boone Pickens:
You cannot help but be struck by the magnitude of this disaster, ... The American Red Cross is on the front line of this recovery effort. I'm grateful for the opportunity to help advance their mission and I appreciate the contributions from so many of our employees and their families. I'm hopeful this will help spur other donations from companies large and small. As a nation, this is a critical time to pull together and help this hard-hit region recover from this disaster.Boone Pickens
You could work up to that level, 90 to 100 a barrel, in the next two years. It could go to 90 or 100 a barrel pretty quick if something went haywire.
Boone Pickens
Let me give you a number that is pretty shocking when you hear it. The world uses 30 billion barrels of oil a year. There is no way we're replacing 30 billion barrels of oil. Just a million barrels a day is 1,000 wells producing 1,000 barrels. That's big.
Boone Pickens
The goal was to help rescue 200 dogs, ... They're overjoyed that they were able to rescue 80, but clearly disappointed and dismayed at the bureaucracy, which prevented them from taking the full 200.
Boone Pickens
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