T. Boone Pickens Says Obama Is A Loser For The Energy Industry

Tyler Durden's picture

Submitted by Julianne Geiger via OilPrice.com,

According to energy magnate T. Boone Pickens, Obama has been a loser for the energy industry. And not just a loser, but “a complete loser”.

That he is not a fan of President Obama’s policies—including his energy policies--comes as no surprise. Pickens said in 2014 that Obama was “the worst president we’ve ever had”.

“He has never promoted energy and never pays attention to it that I can see,” Pickens said in a Thursday interview with Yahoo Finance, without offering up much elaboration as to the reasons for this opinion.

Obama apparently disagrees, as evidenced by him accepting praises at a Hillary Clinton rally earlier this month for the $2.00 gas prices that Americans are basking in today (everyone except for those on the East Coast, that is—although American drivers are willing to squander $2.1 billion on unnecessary gasoline anyway, so we’re not sure this matters).

Dallas-based Pickens, flush with an estimated net worth of $3.1 billion (as of 2008) on the back of energy, has given regularly to the Republican party, and most notably George W. Bush, to whom Pickens gave the maximum $250,000 donation allowable under campaign laws during Bush’s inauguration in 2005.

This election cycle, Pickens chose to back another Bush—Jeb Bush—throwing a $100,000 contribution his way, but he was courting multiple candidates. Pickens hosted a fundraiser for Republican candidate Carly Fiorina late in 2015, while at the same time singing the praises for Ben Carson on the grounds that they shared similar views on energy policy—namely the view that America should wean itself off from OPEC oil.

But come May 2016, Pickens had backed yet another horse: this time, Donald Trump - despite Big Oil’s bristling at the idea of Trump’s Wall, which has the potential to alienate Mexico and along with it, its mouthwatering oil investment opportunities. Similar to Carson’s, Trump’s energy platform is solidly anti-OPEC, and centers around complete “American energy independence.”

While Big Oil may be skeptical of backing a wildcard candidate such as Trump, Pickens is solidly in his corner, and is solidly against Trump’s opponent, Hillary Clinton, who has been accused of having opposing viewpoints of fracking depending on whether the fracking is taking place at home or abroad.

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Bill of Rights's picture

If Obama had his way with his fake global warming scheme we'd all be sitting by candle light.

VinceFostersGhost's picture



About 8 years too late.....but thanks.

remain calm's picture

Not to mention, he is also a big fucking liar

Ghost of Porky's picture

Pickens was all buddy buddy with Obama when lobbying for his stupid ginormous wind farm. Dumbass old geezer even cried fake tears over the poor old drowning polar bears.


Screw you, TBP.

VinceFostersGhost's picture



Solyendra.....wind farms.


What the hell were we thinking?

Ghost of Porky's picture

Now he's cozying up to Trump in anticipation of some lucrative fracking deals.


SOB would probably lobby for Planned Parenthood if he could turn fetuses into biodiesel.

The Saint's picture
The Saint (not verified) Ghost of Porky Sep 23, 2016 10:29 AM

I think we all agree that Ovomit has bested even Jimmy Carter as being the worst and most incompetent President America has ever seen.  His national platform to tell lies about his failures will end in January and the truth can be written into the history books.  He should find a deep rat hole to go hide in for the rest of his miserable life.


Son of Loki's picture

Obama hates middle class America, blacks and whites, so he doesn't mind destroying their jobs by sending them overseas or shutting down their industry.

Mikeyy's picture

Only someone who missed the Bush years would say something so stupid.  Were you alive in 2000-2008 or living on some other planet?

Space Ghost's picture

Pickens is a legendary oil and gas industry "pirate raider", and I bet he was thinking he will cash in on with Obama somehow but then got screwed over big time.

Or maybe he's jus scared about mooslim rapeUgees like everyone else

TomJoad's picture

I knew the four pay cuts and two lay-offs I've had since 2011 working in offshore oil and gas were some sort of clue to... something.

Thanks goodness TBP is here to clarify it for me.

(actually a lot of it was industry overshooting production while prices were high, now the pendulum is swinging the other way with a vengeance, the near complete absence of development of new fields currently taking place will cause an extreme shortage in the not so distant future)

Jump! You Fuckers!

tmosley's picture

Burning candles releases CO2, goy. Just go to sleep.

TomJoad's picture

Do they not allow sarcasm in school anymore? (fucking safe space downvoters)

HenryKissingerChurchill's picture

BINGO global warming is also a depopulation agenda:

sheeple should not waste any natural resources, so that elite offspring can enjoy hunting and shit.

King Tut's picture

Yes- we meed MOAR population

SenselessPanic's picture

finally someone gets it

VinceFostersGhost's picture




That 8 year learning curve is a real bitch......but if you can get past that.....you're on your way.

pods's picture

Why would Obama be good for energy?  He is an AGW Agenda 21 cocksucking stooge.

After the collapse we can again see about using energy and raw materials to make finish goods.  

Until then, we export dollars, import oil and plastic shit, and the government closes off more and more areas from humans.


The Merovingian's picture

Obama IS an idiot.  Period.  End of story.  History will prove this fact to be true for anyone presently unconvinced.

onewayticket2's picture

it's Year 8......anyone just figuring it out is WAY too late....the damage is done (and continues to be exacerbated).  2014 was better, but 2007 would have been best.

Dutes's picture

What wil the effects be for the (petro)dollar if America breaks with OPEC? 

cowdiddly's picture

 not just on energy, Just a complete LOSER

That is your Legacy you were talking about at the UN: LOSER

buzzsaw99's picture

he's married to a wookie, if course he's a loser

cowdiddly's picture

AT the UN he got up before the entire world and narcissistically gave a speech demanding that black people need to get out and vote to protect his "Legacy". After all its not about the UN issues, blacks or the election, ITS ABOUT HIM.-- LOSER

tarsubil's picture

Seriously, with the wookie thing again? He married a grey langur. Leave wookies out of this.

GotNuttin'todo's picture

Ha! Didn't see your post before I posted below - sorry for the repeat.

Crash Overide's picture

The UN can have Obama, he can coordinate tee times and shower with the boys.

He is a complete bag of shit.

BabaLooey's picture

This is how brain washed much of the populace is.

I recently met someone - who SEEMED fairly bright.

The subject came up as to politics, and he said this;

"I think Obama is one of the most intelligent Presidents we've ever had."


I looked at him like someone would look at a steaming pile of shit.

"SO, he's smarter than lets say - Jefferson - yes?"

"Jefferson? he replied "Jefferson was a racist!"

...all you need to know about how brainwashed people are.

I've avoided this man like the plague since - fearing I'd catch his stupidity just by being close to him.

Anopheles's picture

It's called the Dunning–Kruger effect

The Dunning-Kruger effect is a cognitive bias in which low-ability individuals suffer from illusory superiority, mistakenly assessing their ability as much higher than it really is. Dunning and Kruger attributed this bias to a metacognitive inability of those of low ability to recognize their ineptitude and evaluate their ability accurately

In simple terms, they THINK they are smart, becasue they are are too stupid to know they are stupid.

GunnerySgtHartman's picture

Sounds like your average tenured college professor :-)

Bill of Rights's picture

The next time tell your friend BLACKS OWNED SLAVES AS WELL...

ToSoft4Truth's picture

Just point at the black and state, "You were a slave.". 

BabaLooey's picture

1) He is NOT my friend


2) Even IF he was, I am sure he would dismiss that as a lie.


3) I was taught correctly. My PaPa saw to that. For example, I know that a large majority of the slave trade was to HISPANIC countries in this hemisphere - something that is NOT taught by the dumbed down US "education" system.

I simply listened to him the rest of the time he was at this party. The shit spewed from his mouth was hilarious.....

But sad.

ALL MSM "talking points".

He is one of the few. His business is "good". Things are "great", and he is mortgaged to the hilt, has debt up to his eyeballs (according to some of his friends), and thinks of anyone that buys PM's is a "prepper".

Here's a good example of hypocracy. He asked me "Hey, you're Mexican right? (not waiting for my answer) - "I mean, you understand the plight of 'your people'?

The ONLY thing I said to him was "I'm an AMERICAN of Mexican descent". To which he gave me a blank stare.

There are simply some people that are beyond reach. It's not worth the time, breath or aggravation to talk to them.


Some call me Richard Parker's picture

Blacks were also the ones who captured blacks in Africa to be sold to white people.

shutupnsing's picture

...and where has he been a winner?

Duc888's picture



Banking.  Banks love him.

They're still "alive" and sucking the marrow out of your bones.




Never forget that the Junior Senator who came from nowhere was on the Senate Banking Committee.

GotNuttin'todo's picture

T. Boone, sir, think outside your own box for a nanosecond. OB is a loser for EVERYBODY

TuPhat's picture

I clicked on the 2.1 Billion for unnecessary premium gas and found an article full of bad facts about cars and gas. I have a vehicle that requires a minimum of 87 octane. When on vacation in the west at many stations the choices were 86 octane or premium. I have another car that has an obvious valve pinging noise unless I use 88 octane then it goes away. Perhaps the article was meant for low quality GM cars or junk made by Ford in mexico. Not sure why they wrote the BS.

Anopheles's picture

No recent car requires premium for day to day driving.   Take it to the track, then definitely, but not needed for moderate use.   There are knock sensors that allow engines to run on anything.

https://youtu.be/FPPkPAbzwbU   Start at 8:00  


If your car is ancient, then it doesn't have the modern electronic  engine controls and management systems, and it will knock. 

economicmorphine's picture

"Pickens said in a Thursday interview with Yahoo Finance, without offering up much elaboration as to the reasons for this opinion."

I've come to realize that Boone is a good man, one of those people who believe that he can win but it doesn't much help if America doesn't win as well.  He's also in his 80's, so he doesn't have to give a fucking reason for why he feels as he does, correctly, I might add.

ToSoft4Truth's picture

Here self-serve gasoline is $1.98 a gallon for 89 octane.  That's a boom for me.

brushhog's picture

I'm sure t boone would love to frack, drill and dog pipelines under every square mile but some of us like breathing clean air and drinking pure water. If the t boones of this world get there way, all the ground water will be poisoned and they'll charge us for drinkable, processed water ( which Im sure the energy magnates will be happy to provide at regular market rates ).

Anopheles's picture

Do you also complain about the high price of oil and natural gas?


brushhog's picture

I dont know where you've been living but oil is very low priced. I dont buy natural gas. So the answer is no. Just make sure you dont complain when you get cancer from your polluted water.

Anopheles's picture

Oil and natural gas is cheap BECAUSE of fracking. 

Or would you rather be paying double for your gasoline and diesel fuel and dependant on imports from Saudi Arabia? 

Tell us...... 

brushhog's picture

So you'd rather have cheap gas than clean water. Not me.

Hohum's picture

Grinding an axe, T?  You can earn money producing oil at a loss.  WTF more do you want?

new game's picture

gotta luv boone! self made man. yea he is rich and that makes him an asshole because: anyone with a billion must be a dickhead, because, ya don't get that kinda money by being nice...

rocknrollinhoneybadger's picture

Just for the energy industry? Obama is a loser period. Worthless faggot huckster who spent his Community Organizer days hanging out at gay bars and gay bathhouses. Pathetic piece of shit is what Obama is.

Berspankme's picture

Obama is a loser period. A half breed crack addled bathhouse faggot. Fuck him