T. Boone Pickens Predicts $200 A Barrel Oil
(DENVER) In town for the Democratic convention to promote his “Pickens Plan” for alternative energy, billionaire oilman T. Boone Pickens predicted $200 a barrel oil within three years.
“In two or three years, we’re going to be at $200 a barrel—could be $300 a barrel for oil,” Pickens said inside the “Big Tent,” a complex outside the Pepsi Center set up for bloggers. “And consequently, our economy is going to struggle and our security is just—it’s a disaster.”
Pickens was joined on stage by Sierra Club president Carl Pope and Center for American Progress president John Podesta, both of whom endorsed The Pickens Plan, although each called for additional proposals.
Pickens said the United States is blessed with “two corridors” that are conducive to alternative energy sources: the “wind corridor” from Texas to Canada and the “solar corridor” from Texas to California. Although Pickens said he agreed with Al Gore that global warming is a major problem, his first priority is to help reverse the tide of sending billions of dollars overseas for America’s energy needs.
“In two or three years, we’re going to be at $200 a barrel—could be $300 a barrel for oil,” Pickens said inside the “Big Tent,” a complex outside the Pepsi Center set up for bloggers. “And consequently, our economy is going to struggle and our security is just—it’s a disaster.”
Pickens was joined on stage by Sierra Club president Carl Pope and Center for American Progress president John Podesta, both of whom endorsed The Pickens Plan, although each called for additional proposals.
Pickens said the United States is blessed with “two corridors” that are conducive to alternative energy sources: the “wind corridor” from Texas to Canada and the “solar corridor” from Texas to California. Although Pickens said he agreed with Al Gore that global warming is a major problem, his first priority is to help reverse the tide of sending billions of dollars overseas for America’s energy needs.

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