Texas Oilman Says Oil Prices Will Rise Again

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Uploaded by on Jan 15, 2009

Americans are currently enjoying lower gasoline prices as oil hovers below $40 a barrel. But Texas oilman T. Boone Pickens says it would be foolish to think that oil prices will remain low. The outspoken billionaire was on Capitol Hill Tuesday to renew his push for the development of alternative energy sources. In a CNBC interview, he said oil could rise to $75 a barrel if the crisis in the Middle East continues. VOA's Mil Arcega reports.

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  • If you have any money to invest! buy low sell high, oil now 30 barrel, in 6 months 100 or 150 = money man.

  • this is news ?

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