"I have been asked this question, what would I expect to get if we drilled, and I said that 2 million barrels a day," Pickens said. "I would be pleasantly surprised if we could do that off those areas, 2 million barrels. Remember, we are importing 13 million barrels a day."
As for the notion that "Drill, Baby, Drill" could break U.S. dependence on foreign oil, "you haven't got a prayer," Pickens said. " ... I thought, who in the hell is telling them that that makes sense? Because it doesn't make sense."
The truth, it turns out, is that oil can come from 32,000 feet underwater, get sent through thousands of miles of pipelines, be turned into gasoline in multi-billion dollar refineries, get shipped again around the country and then put in your tank ... for about $2.50 a gallon.
The artificially low prices let Americans to continue their addiction ... and continue to ignore the hidden costs.