Pickens Says Oil Prices May Rise to $150 by Year End

April 29, 2008 6:03 pm

It can’t be easy to interview T. Boone Pickens. A self-made billionaire (though he admits he didn’t make his first billion till he was 70 years old), Pickens is sharp, charming and has heard it all before. But the interviewer, Brian Sullivan, an anchor for Fox Business News, did an excellent job of navigating Pickens’s territory. Initially, the conversation revolved around the price of oil. At last year’s Milken Conference, when Sullivan interviewed Pickens for the first time, oil was $67 a barrel. The price has almost doubled in the past year and there is no upper bound. In blunt figures, Pickens explained the price surge and provided some staggering statistics.

read the rest published by Milken Institute:

http://www.milkeninstitute.org/events/gcprogram.taf?function=detail&eventid=GC08&EvID=1435

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