Peak Oil is You
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Page added on April 28, 2005
Energy tycoon Pickens predicts $3 gasoline within year
Apr 28, 2005 (Tulsa World – Knight Ridder/Tribune Business News via COMTEX) — Energy tycoon Boone Pickens is known for making bold predictions about the price of oil and gas.
He’s been right most of the time.
Pickens’ latest prediction, though, may leave motorists a bit bug-eyed.
World oil production has peaked, and Oklahomas will be paying $3 a gallon for gasoline within a year, Pickens said Wednesday.
“We’re getting ready to come upon some very serious energy problems for the world,” he said.
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