legendary energy tycoon boone pickens says the real danger to the world is that oil and natural gas are once again being used as weapons of war. boone is the founder of bp capital and he joins us right now on set. boone, it's great to have you here. >> thank you. >> you warned about this in 2009. >> 2008. >> 2008. we've been playing clips from the commercial you put out that really said that this was on the horizon. let's describe the situation as you saw it back then and what's happened since. >> we just said, you remember that gas -- the russian company cut off natural gas to eastern europe back in 2009 is when it was. and we showed the lights going off, gas prong came to visit me in dallas after that. >> they did? >> they did. i thought why is gas prong coming to see me? they came and had a meeting early in the morning and they said we don't like that ad. would you take it off the air? >> and you said? >> no, i didn't take it off. >> so the ad, though, makes the point that europe was dependent on russia for the oil and natural gas. when russia cut them off, they had to go back beg on

boon pickens many you can't sell water wherever you want. >> there may be only one or two buyers forhe assets you want to hold. when you are ready to exit those buyers may not be ready to buy. >> outperforming other investments over time, other companies like pure recycle in california even sell water to private consumers like aarapaho county. >> there is a tremendous amount of investment and expertise that goes behind that, to make sure to deliver that water as a clean fresh supply for our customers. >> you don't need much expertise to see water's value in the years ahead. >> if you have a fixed supply and a growing demand for that water supply your economic forces really indicate the value of that water in a water-short area is going to continue to grow. >> david shuster, al jazeera. >> in an effort to make better use of the limited water resources they have, california officials announced they aimed to streamline their water resources facing what can be a time schools an consuming water. deal with combine safeway with that other big supermarket chain that cerberus already owns, al

boone pickens found out. when it took him literal trillions to unload water that he held in texas. >> when you are ready to exit your investment those buyers may not be willing to buy. >> some private water investors are counting on water performing more investments over time. other companies like pure cycle in colorado even sell to local consumers like arapahoho count. >> there is a tremendous amount of investment, expertise that goes behind that to make sure to deliver that water as a clean, fresh supply of water for our customers. >> and harding says you don't need much expertise to see water's value in the years ahead. >> if you have a fixed supply of water and you have a growing demand for that water supply, your economic forces really indicate that the value of that water, in a water-short area is going to continue to grow. >> david shuster, al jazeera . >> in the effort to make better use of the limited water resources they have, california officials are announced they want to streamline and accelerate

boone pickens found out when it took a decade to unload trillions of gallons of water he owned in texas. you can't just necessarily sell water whenever you want. >> there may be only one, two r or a handful of potential buyerses for the assets you hold. when you're ready to exit your investment, those buyers may nots be ready to buy. sfwlo some private water investors count on water outperforming other investments over time. other companies like pure cycle in colorado sell the water they buy to local consumers like arapahoe county as a private utility. mark harding says pure cycle is providing a service many governments can no longer afford. >> there is a tremendous amount of investment, there's a tremendous amount of expertise that goes behind that that's making sure to deliver that water as a clean, fresh supply of water for our customers. >> and harding says you don't need much expertise to see water's value in the years ahead. >> if you have a fixed supply of water and you have a growing demand for that water supply, your economic forces really indicate that the value of that water

. >> this is boon pickens, watching "fox & friends."gas. >> how do you know? >> he's big into natural gas. >> he is. >> pipeline. >> i saw him in the building yesterday. by the way, we're going to have an interview with that dog coming up, aren't we? >> yeah. but he's really impatient. >> trying to get a car service to show up. steve is off this morning and i'm sitting in. thanks for having me. >> we have a lot going on this morning. victory, a big reversal. this drug company will now provide medication to josh hardy who has been fighting for his life. josh's mom, his story was brought to you on monday describing his bat well now a virus. he's already battled cancer four times, transplants, his heart failure. he came down with his virus and one medication could save his life. the company initially denied it. amy hardy joined us monday to tell us about josh. >> frail little boy who has a very weak voice and has a hard time staying awake because he's in so much pain and to combat the pain, he has to be on a lot of pain medication. so he's

charles: boone pickens was on air today, thought it was a good one. deal, stocks making a nice move today, a nice move yesterday. liquid natural gas, compressed natural gas, this company makes engines that make it possible. they have a lot of ford trucks on the road making engines. it is the exact inverse of tesla. 19,000 natural gas vehicle vehid versus 22,000 tesla. the exact opposite elon musk running the company and they don't get all the profits. because it has been such a disaster i am cautious on it. if some is willing to hold us over two or three years, they will make a whole lot of money. it is one of those names, i had them hanging around, all they said and i am up 400, 500%. trying to pick the bottom is tough. stuart: it sounds like a good thing to me. you're now going to make us some money. it is twitter? charles: i don't like people to ask me for microsoft or ibm, i like to find a little nuggets. but this has come down so much well facebook has gone up i like the risk-reward on it, the street is looking for $0.21. i think it breaks out th

there's another guy by the name of boone pickens, harold, i'm not sure you ever heard of him.r than he is. but do you think you guys can get this taken care of, honestly? do you have the support of congress? >> yeah, i think so. it's about the thing to do. america can't be an energy leader in this century if we're going to hide behind a crude oil ban or won't fit for natural gas fraud. let's face it. >> harold, sorry to bankrupt. do you think congress wants to be an energy leader? solar is great. alternative energy is great. but all we tend to hear about in washington is so-called alternative energy, not a lot of talk except for maybe sort of knocking natural gas. >> well, i think that was true before, you know, everybody realized what we had and what we have for today and certainly with the supplies that we have and the fact that we are going to be energy independent. so i think that's changing quickly. >> harold, a personal question for you this morning. i'm going to go there. you've been involved in this divorce and there was a big question about who was going to control th