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Success Quote by T. Boone Pickens

"We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us"

About this Quote

Pickens isn’t predicting shortages so much as staging them in the listener’s mind. The blunt certainty - “going to,” “going to,” “extremely tight” - is the language of a man who understands markets as psychology: prices move not just on barrels, but on expectations. When an oil baron says gasoline will be “tight,” it lands like insider weather forecasting. You’re meant to hear scarcity before you feel it, and to accept higher prices as a natural event rather than a political choice or an industry strategy.

The subtext is a familiar American energy story: we’ve built a daily life that treats cheap fuel as an entitlement, then act shocked when geology, geopolitics, or underinvestment sends the bill. Pickens often played the role of plainspoken realist, cutting through policy fog with a trader’s fatalism. That pose matters. “For us” quietly nationalizes the problem, folding consumer pain and corporate opportunity into the same pronoun. It invites solidarity while deflecting blame: nobody’s doing this; it’s just happening to all of us.

Contextually, Pickens spent years warning about energy dependence and pitching shifts toward domestic production and alternatives (notably natural gas). A statement like this functions as both alarm and leverage - a way to validate his agenda, pressure policymakers, and prime investors. It’s a sales pitch disguised as a hard truth: scarcity is coming, so pick a side early.

Quote Details

TopicMoney
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Citation Formats

APA Style (7th ed.)
Pickens, T. Boone. (2026, January 16). We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us. FixQuotes. https://fixquotes.com/quotes/were-going-to-have-shortages-and-prices-are-going-123563/

Chicago Style
Pickens, T. Boone. "We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/were-going-to-have-shortages-and-prices-are-going-123563/.

MLA Style (9th ed.)
"We're going to have shortages and prices are going to go up. Gasoline is going to be extremely tight for us." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/were-going-to-have-shortages-and-prices-are-going-123563/. Accessed 9 Feb. 2026.

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About the Author

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T. Boone Pickens (May 22, 1928 - September 11, 2019) was a Businessman from USA.

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