Boone Pickens: Gas to hit $3 a gallon within a year

quaoar

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Tue Jun-21-05 04:03 PM
Original message

Boone Pickens: Gas to hit $3 a gallon within a year

He says we have accepted $2 a gallon gas. Oh yeah? Not me.

http://www.journalstar.com/articles/2005/06/21/business/doc42b741218c65c876953692.txt

"The economy has accepted $50 oil. We accepted $2 gasoline too," said oil tycoon Boone Pickens, who runs a billion-dollar hedge fund that invests in energy commodities and equities.

"I think within a year from now, you're probably looking at $3 gasoline and you're probably looking at something over $60 for oil."

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BlueEyedSon

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Tue Jun-21-05 04:05 PM
Response to Original message

1. Somebody wake this guy up, it was already over 3$ in CA this year.

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quaoar

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Tue Jun-21-05 04:06 PM
Response to Reply #1

2. But the average nationwide price

never went higher than about $2.30, IIRC.

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Mr.Green93

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Tue Jun-21-05 04:10 PM
Response to Original message

3. Just in time for the election

Three dollar gas will wreck the economy and sink the thugs.

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ArkDem

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Tue Jun-21-05 04:14 PM
Response to Original message

4. Is he Slim's brother?

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bballny

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Tue Jun-21-05 04:17 PM
Response to Original message

5. Thank God

for Bush so we can have these wonderful oil prices. Accept like we ahve a choice.

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