CNBC: Pickens: Oil Going to $150, So Move to Gas

By Michael Bates on May 21, 2008 9:33 AM | Permalink | Comments (0) | TrackBacks (0)

T. Boone Pickens is a peak-oil believer? "The President wasted his time to go to Saudi Arabia.... They can't give any more oil...they're stacking up the money as fast as they can stack it up.... Eighty-five million barrels of oil a day is all the world can produce, and the demand is 87 million. It's just that simple." (Via Crunchy Con.)

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CNBC: Pickens: Oil Going to $150, So Move to Gas

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