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April 25th, 2012
03:09 PM ET

T. Boone Pickens on why he's for the Keystone XL pipeline, why the tax code should be 'redone' and no one person is to blame for gas prices

Some relief at the pump this week. It may not last long. This morning gas prices are down six cents from a week ago and it's two cents lower than a year ago, continuing yesterday's trend when for the first time in two-and-a-half years when the current price dropped below the price a year earlier. But analysts expect they could increase again before Memorial Day weekend. They do every year, right?

This morning on "Starting Point," BP Capital Management founder and chairman T. Boone Pickens explains why no one person is responsible for the gas prices. He also explains why the tax code needs fixing and why the Keystone XL pipeline makes sense. Read on to see his comments.

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PIckens on importance of Keystone

BP Capital Management chairman T. Boone Pickens on why the Keystone XL pipeline is important to U.S. energy independence.

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Pickens: U.S. should 'redo the tax code'

BP Capital Management chairman T. Boone Pickens explains why the tax code needs to be simplified.

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Filed under: Economy • Gas Prices • Keystone XL pipeline • Taxes