show bio T. Boone Pickens

Thomas Boone Pickens, Jr., is an American businessman who chairs the private equity firm BP Capital Management. He was a well-known takeover artist during the 1980s. With an estimated current net worth of about $3 billion, he is ranked by Forbes as the 117th-richest person in America and ranked 369th in the world. In recent years, Pickens has focused his energy on his alma mater, the Stillwater campus of Oklahoma State University (OSU). His total contributions to OSU come to over $290 million dollars.

Alternative Energy Sources
Date: 11/27/2006

T. Boone Pickens, chairman of the private equity firm BP Capital Management, speaks to students at the Clinton School about his efforts to develop sustainable, home-grown alternative energy sources. According to Pickens, oil is the lifeblood of the U.S. economy that could soon run out because of the inability of supply to meet demand. Pickens also discusses the the importance of Congress and the EPA working to improve CAFE standards for motor vehicle production. In terms of alternative energy sources, Pickens sees natural gas as the primary substitute for gasoline because it’s clean, cheap and can be produced domestically. Pickens says, “All of these deals (energy alternatives) are going to work. Because the world is going to need all of the ideas all of the alternatives, everything is going to work. But your job here is to find the ones that work first not the ones the work last.”

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