Sector Expert: T. Boone Pickens
T. Boone Pickens is a geologist, entrepreneur in the oil and gas industry and chair of the hedge fund BP Capital Management. He is also the author of "The First Billion is the Hardest: Reflections on a Life of Comebacks and America's Energy Future." He is an outspoken advocate for U.S. energy independence and advocates for an energy plan in public appearances and through his Pickens Plan website.
The Next Billion (Barrels of Oil): T. Boone Pickens Calls for Energy Plan at Stansberry Society Event (6/12/14)
Known for his saying that "the first billion is the hardest," oil billionaire T. Boone Pickens addressed the Stansberry Society Conference in Dallas at the end of May with a plea for a national energy plan that takes advantage of the millions of barrels of oil being produced each day in the U.S. for domestic use. First addressing the audience, and then in conversation with event host Porter Stansberry, followed by an all-star energy investing panel, the Pickens Plan advocate was optimistic about the prospects for growing the country and individual investment portfolios through smart use of natural resources.