There's no question that tar sands in Canada are probably the largest source of oil available to the U.S. over a long period of time. There's as much oil in the tar sands probably as there is in Saudi Arabia. The problem is, there's a huge capital requirement to develop that.

By October 9 2008 the price plummeted back below $85 per barrel. On January 22 2007 Pickens donated $5 million to The University of Texas at Dallas to fund educational and research initiatives in the area of brain science. At age 12 Pickens delivered newspapers.

4 billion he is ranked by Forbes as the 328th-richest person in America and ranked 879th in the world. (born May 22 1928) known as T. Thomas Boone Pickens Jr.