Pickens: Oil Will Reach $300 a Barrel

peaceandlove · 09-03-2009, 05:51 AM

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

09-03-2009, 05:51 AM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Pickens: Oil Will Reach $300 a Barrel 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

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode