Pickens: Oil Will Reach $300 a Barrel
Friday, August 28, 2009 8:04 AM
Oil legend T. Boone Pickens, now CEO of BP Capital, says oil prices will continue to rise, possibly reaching $300 per barrel.
“Look at the history,” Pickens told Dan Mangru of Moneynews. It proves oil prices will go up, as OPEC revenues increased five times over the last five years, he says.
Continues and Exclusive Interview: http://www.moneynews.com/streettalk/...mo_code=8424-1