T Boone Pickens - Pickens: Foreign backlash could send oil to $300

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Pickens: Foreign backlash could send oil to $300

Friday, June 19, 2009
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From Newsmax:

Legendary oil man T. Boone Pickens says that if the U.S. doesn’t take major steps to curb its reliance on foreign oil, the consequences will be drastic.

"Let’s say in 10 years, you do nothing," Pickens tells Fortune.
"You will be importing 75 percent of your oil (up from 68 percent now), and you’ll be paying $300 a barrel."

Read full article...

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Topics:		T Boone Pickens \| Energy \| Commodities

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