boone pickens is next. >>> t. boone pickens turned a $2500 investment into one of america's largest independently owned oil companies, called mesa petroleum. thent the age of 68, he supposedly retired only to begin again at 70 a whole new career in capital management. man's amazing. if you don't know about him, you should. he has been around forever, how to succeed. first of all, boone, i want to thank you for coming. >> you bet p. >> you are a guy that doesn't know anything about retirement, a guy that adds value constantly, talking about taxes here, paid how much in taxes the last 14 years since you were 70? you are 84 now, right? how much? >> 665 million. >> given away $1 billion in philanthropy. >> a little over 1 billion. >> people in their 50s are thinking i'm getting old. what do you say to those people -- how do we have those myths? you are the greatest person could i put out there to dispel people. >> i still have a lot of things to do i'm running out of time. put in a fitness center in 1969, won the comp

boone pickens built his own oil company and did better after he left it. three of america's biggest success stories on keeping america great. >> i would get out of the middle east is what i would do. >> because what they say could help everyone. >> the most patriotic thing could you do as an american is get filthy stinking rich and pay lots in taxes so we can do all these things we talked about. >> this is piers morgan tonight. >>> i'm tony robins in for piers morgan. tonight i will be with three men who can come up with solutions to help america growing again, certainly done that in huge business. begin with mark cuban, owner of the dallas mavericks started business at the age of 12 started selling garbage sacks because his dad wouldn't give him a pair of sneakers. he founded a company called broadcast.com, after five years, he sold for 5.9 billion to yahoo! and turned around and paid $289 for the dallas mavericks and turned a losing team into the 2011 nba champs. not bad. mark cuban joins me now. hey, mark. >> good to see you. >> i see you noticed the ri

watch out apple, a talking giraffe has your number. >>> boone pickens will join us. oing to talk energy. the president touted his energy policy. what did boone think about that? where does he think we're going? find out coming up. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> i'm bill griffin. coming up on closing bell -- do not miss maria's exclusive interview with italy's prime minister mario monti. they talk about fix being the eurozone prices, interest rates, and how long he plans to remain in office. >>> plus, aig getting set to end four years of government ownership. we will get reaction to that from former aig boss hank greenberg. >>> and get t

boone pickens, ceo of bp capital. joining us for an exclusive interview. boone, wonderful to see you. thanks for coming on the show. >> thanks, melissa. thank you. melissa: do you think this is money well-spent? >> no, i don't. i very much against it. that 85% of the oil goes to asia, we only get 2 1/2 million bears a day out of, out of the persian gulf. i don't see why we do it. why didn't somebody else pick up the tab? and we have plenty of resources in america. we don't, we actually don't even have to have the 2 1/2 million barrels that comes out of the saudis and qatar. melissa: boone, you know as well as anyone that oil is fungible. so it doesn't really matter if that oil is going directly to us. it may be going to asia and that is displacing other oil coming to us. so it doesn't really matter who it is going to and it is going to the world market and we're part of that. >> well, having said that, why do we, we spent now, in iraq and afghanistan, we spent trillion 500 billion dollars and we avenue had, we have over -- 30,000 casualties and the people

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boone pickens joining us on oil. again, traded down today. surprise. libertarian think tank cato says cuts will not have a big impact on the economy. >>> later, what's the housing trade? short sellers are out in full force. we'll talk to a pair of housing insiders about what lies ahead. back in a moment. [ male announcer ] for the saver, and a big first step. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ ♪ [ male announcer ] introducing a stunning work of technology. introducing the entirely new lexus es. and the first-ever es hybrid. this is the pursuit of perfection. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodg

boone pickens has been a big push towards natural gas. the change in the way we utilize natural gas. david: at the taxicab today, had a different feel to it, i asked the driver, he said i have a natural gas engine. there are only two stations in the manhattan area, when north manhattan, south manhattan, he said he saved 50% on his gas bill every week, so you begin to see the switch over. >> you brought up a great point, fleet, not just taxes, which i think will be the next, but all these different fleets of trucks are all gravitating towards natural gas. shipping overseas, a lot of rumblings about that, but sooner does the price, the only move it higher. davidliz: what is the number one piece of data you will be looking at? can we assume it is a jobs report the month of september or is it something else? looking at supply management, we have to see some improvement but we have been recently, some really weird production schedules in the auto sector. looking at the new orders component in the unfilled orders component, both of them have be

boone pickens and they are talking about keeping america great. that's sunday night. 360" starts right now.

boone pickens and ey

noted energy watcher boon pickens weighs in on the recent plunge in crude and what it means for investorst go lower from here? we'll get his take. plus, wait until you hear how much banks are charging for overdraft fees in the last year. is it financial irresponsibility by millions of americans? we have the debate coming up. former california treasurer phil angelites says why more needs to be done to fix the aftereffects of the recent financial crisis. all ahead on "closing bell." we look forward to seeing you then. brian? >> looking forward to it, bill. well, folks, only 89 i days before christmas which means, don't panic. there are 88 shopping days left until the holiday. investors have gone on a shopping spree of their own. they have been buying up retail stocks. names like urban outfitters and the gap are up # 30% just this quarter. so courtney reagan, are all signs pointing to a strong holiday season? >> so far, yes, actually. many consumers are starting to shop for halloween costumes. i i'll be katniss from "the hunger games." deloitte is forecasting holiday sales increasing 3.5 to

boone pickens and they are talking about keeping america great. that's sunday night. "a.c. 360" starts right now. "ac 360" starts right now. >>> wolf be with thanks, 10:00 here on the east coast. we begin tonight with special coverage of the anti-american wildfire that's now burning across the arab world and beyond. you're looking at cnn cairo after another day of rage targeting the american embassy. some terrorists outraged by the anti muslim video some may be foot soldiers in the struggle for power in egypt and elsewhere. others may be angry people who until now volcano had a target for their rage. whatever the true motivations it's not just cairo anymore. not just benghazi, libya where four americans, including the u.s. ambassador to libya were killed in the turmoil. ambassador christopher stevens, state department computer expert sean smith, former navy s.e.a.l. glen doherty, and breaking news about the fourth victim. he has now been identified, tyron woods, a former navy s.e.a.l. as well. according to knsd, woods was from the area, from imperial beach, 41 years o

boone pickens and they are talking about keeping america great. that's sunday night. "a.c. 360" starts right now. we begin with special coverage on the anti-american wildfire burning across the arab world and beyond. looking at the scene after another day of rage targeting the american embassy. some terrorists outraged by the anti muslim video some may be foot soldiers in the struggle for power in egypt and elsewhere. others may be angry people who haven't had a tar get for their rage. it's not just cairo anymore. not just benghazi libya, where four americans were killed in the turmoil. ambassador christopher stevens, sean smith, former navy s.e.a.l. glen doherty, and breaking news about the fourth victim. identified, tyron woods, a former navy s.e.a.l. as well. according to knsd, woods was from the area, from imperial beach, 41 years old. his ex-wife telling the station he loved being a s.e.a.l. more than life itself. we do have late developments on an arrest today in connection with his killing, as well as the search for additional suspects. and the libyans, many of

boone pickens on the list? all of the way down. i hate to say this out loud. number 360. how does he do it? only $1.2 billion. you wonder how he puts food on the table. >>> mr. moderate, mitt romney, softens up his talk on the trail even while his campaign keeps up harder hits. meanwhile, it's a tale of the tape. president obama's redistribution comments from the ''90s. get more context and find out what was left out and why it matters. >>> the bowles-simpson plan falls flat. today we'll hear from the bipartisan duo who still hope that they can get this passed. >>> check this out. it has been 60 years since richard nixon's checker speech. 37th president probably had more of an effect on campaign tactics than any other modern politician in the 20th century. that speech in particular is still echoing in presidential politics today. good morning from washington. it's thursday, september 20th, 2012. this is "the daily rundown." i think we can say this is the last day of summer. let's get to my first reads of the morning. moderate mitt romney was back yesterday. at a univision

if we wanted to do something about imports, we would have taken boon pickens up on his offer four years on the pickens plan. or start turning natural gas into methanol to replace imported oil in flex fuel engines. we could turn natural gas into anywhere from 3 million to 5 million barrels a day equivalent of oil imports, if we had some political leadership that was willing to stick its nose out there and do something on behalf of the american people. and the prices we're paying. what a boon that would be to the economy. all those billions of dollars on transitioning to a competitor to gasoline. >> let me ask you, john, about the emergency of this situation. do you think we're in an emergency right now? at what price would you expect the administration to open the spr? >> we're not at an emergency in terms of availability of oil. i think we're in an economic emergency. for three years running, because of the failure to increase domestic production, we've seen oil price gasoline price hit close to $4 a gallon. americans have proven they can't take $4 a gallon gasoline. it causes them to r

boone pickens replying, drake, the first billion is a hell of a lot harder, right? and you would never see that kind of conversation in any sort of public forum. >> rose: it is also amazing, how people publicly have adapted to the idea of tweeting, rupert murdoch or whether a whole range of people. and an extraordinary sort of widening of a phenomenon. >> yes. >> rose: as much as a deepening of it. >> that is correct. i think it is one of the funny things for me to observe over the last few years has been all those barriers that have been knocked out, you would first hear from an executive at a public company, well, i can't tweet as an executive at a public company and along comes rupert murdoch who is a fantastic user of the platform and you start to then see other executives. we have seen the same thing with politicians. >> rose: how is it being used differently in this election than previous elections? >> it is absolutely the case during this election that both sides of the aisle recognize that the campaign is happening in real-time. meaning it is no longer the c

melissa: coming up tonight on "money", boone pickens joins me on oil's dire strait.ould be focusing on becoming energy independent instead stead of paying to protect the strait of hormuz. that is 5:00 p.m.. lori: we have another live update from ashley webster, live from frankfurt. keep it here on fox business. melissa: rally mode here up 230 points. lori: who can complain about that. tracy byrnes getting more info on the amazon kindle tablet tracy: battery lasts eight books. >> do you need to know how long it will take you? exactly. tracy: speed it up, will you. >> guide us through the next hour, my friend. tracy: 230 points on the dow, why not? i'm tracy byrnes. stocks up to some of the best levels of the year. dow, nasdaq, s&p jumping up 2% or more with heavy volume. most of the boost comes with the long-awaited action from the european central bank. my coanchor, ashley webster, no surprise, not here. live in frankfurt with more. hey, ash. >> yeah, hey there, tracy. super mario opens the bond buying floodgatess. the markets love it. critics say you know what? it i

. >> we're moving through "forbes" to see where boone pickens is. >>> president obama unintentionallyonth. the gibbs planned their dream wedding set in a rustic barn in iowa. it was all ready to go until they showed up and saw the president of the united states holding a rally. the obama campaign had booked the same barn on the same date. >> just our luck. that's kind of how -- oh, yeah, figures, the one place which the president also chooses. >> so on the big day, president obama ended his campaign speech with moments to spare before the wedding. the bride rushed into her ceremony and walked down the aisle on time. to extend his apologies for clogging up the parking lot, president obama left behind a wedding gift, a silver tray and a mint julep cup. where he got that, we don't know. >> i used it the first night for sure. love him or hate him, it's a gift from the president. >> unknown fact. along with the football the president of the united states travels with, also travels with a mint julep cup. the newlyweds say they're not democrats, but they admit the cup from the president was

i follow this company because they have been following boone pickens dictate to get into natural gashey are the primary company for natural gas when it comes to surface fuel. >> zynga, shares are up, mentioned by mark zuckerberg, calling it a fundamentally strong company. in the after-hours we saw zynga going up, and in the opening holding onto the gains. still early to buy zynga? >> i was talking with david about sarcasm and qwhether it gets through. zynga has a good balance sheet. this was a hatchet buried situation in that there was what i thought was dispersions about zynga, by facebook and, of course, by zynga to facebook with pinkus, so maybe the end of the cold war. >> but still probably a little too early to buy? >> zynga, that group is so fattish. it's just a fattish group. so very difficult to make money in gaming these days. remember, have you to click on those bogus coins in order to pay up, in order to dominate on scramble with friends. i lost last night, 1500 -- >> but you're still playing. >> never stop. it's a way to communicate between fathers and daughters. >> usage