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Pickens Sees $300 Oil Unless U.S. Cuts Import Need

Business (tags: business, americans, energy, money, investors )

Gwen
- 83 days ago - reuters.com

WASHINGTON (Reuters) - Oil prices will hit $300 a barrel in 10 years if the United States fails to reduce its dependence on foreign imports, billionaire oil investor T. Boone Pickens said on Tuesday.

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Gwen M. (186)

Tuesday July 22, 2008, 10:28 am
Ok, I get that we need to reduce our dependence on foreign oil. We need to learn how to conserve our resources as well. Just be careful when people call for more drilling. Ask...what is their interest here? Is it the environment or do they make their money from oil as this man does. We have one world people.....if we destroy this one you have nowhere else to go.