Tuesday, July 22, 2008

Pickens sees $300 oil unless U.S. cuts import need

Boone may be talking his book here.
From Environmental News Network:
Oil prices will hit $300 a barrel in 10 years if the United States fails to reduce its dependence on foreign imports, billionaire oil investor T. Boone Pickens said on Tuesday....
From ClusterStock:

Boone Pickens To Congress: If You Don't Buy My Wind Power, Oil Will Go To $300
Now that billionaire oil man T. Boone Pickens is making his next fortune in wind power, he's ready to tell anyone who's listening how high oil will go...if they don't invest in, say, wind power. Giving testimony at a senate hearing today, Pickens floated a number designed to terrorize the elected officials in attendance:...

ClusterStock helpfully points to their headline of two weeks ago:
Boone Pickens: Oil To $100 In 2 Years on Demand Collapse