Pickens Sees $3 Gasoline Within 12 Months

Gasoline prices in the United States should reach and pass $3 per gallon within the next 12 months, which will be a blow to the economy and consumers, legendary oilman T. Boone Pickens said on Tuesday.

“I think you are going to see $3 gasoline in the United States within the next year, and I think that’ll be a shock,” Pickens said at the Reuters Energy Summit.
Reuters