Pickens Tells CNBC Oil Is Heading Higher

[bruceok]

Consistently wrong for the past few years. His west Texas wind farm is on hold; it's a bust; will never see it operational. Google "milliondollarway" "wind energy" on the blogs.

[Creation27]

The last part of what he said is Really Important. He basically wants to make Corporations more Democratic and less Dictatorial. Right now Corporations are run like Dictatorships, often not doing what is best for either their shareholders OR their employees, much like Russia and Communism did, which is why they continue to fail.

[goruck]

hey t boone, oil is down genius...where are you now?

[Creation27]

Actually, if you had watched, right in the middle he said, "...an economic downturn could push oil prices down..."

Pay Attention.

[daltonagre]

Here in Brazil, a brent of ethanol costs about US$50 to be produced.

[RedDelPaPa]

Lets talk about prudhoe bay in Alaska and the gull island fields that were discovered in the 70's but not allowed to be used. There is oil out there, and big oil knows where. Peak oil is a fraud being perpetrated on us all by the powers that be. Look up Lindsey Williams and the energy non crisis. Vital info everyone should know.

[Creation27]

Red Del Pa is right. The most prominent Geologists in the world have been saying for YEARS that America has more oil in Alaska (and under the antarctic) that perhaps all of Saudi Arabia, but the Media won't cover answer any of their phone calls...???

What's going on???

[dboersema]

who are u to talk ford46power

[dtbristol]

Oil is pushing 78 like he predicted.

[sixfourwm]

Oil is 100.

[zaber789]

Oil is $135

[Golgo13ThePro]

Oil is $140.5

[ford46power]

what they dont tell you ,is they make their money back twice from the biproducts they sell to industry, before they even profit from the gas and diesel.dont beleive anything this guy says.