Pickens sees $150 crude oil in 2008 -- CNBC
NEW YORK |
NEW YORK May 20 (Reuters) - Oil investor T. Boone Pickens told broadcaster CNBC he expected crude oil prices to reach $150 per barrel during 2008.
"I think we'll get to $150 this year," he said.
Pickens also said his BP Capital hedge fund, which has more than $4 billion under management, was long in both crude oil and natural gas. (Reporting by Matt Daily)
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