T BOONE PICKENS

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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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rink

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T BOONE PICKENS

posted on Feb 21, 2008 07:28AM

According to T Boone he is short oil right now expecting a retrench to $85 for the next two quarters before returning to $100 and eventually $150.

He also said he now supports ethanol even though the cost of energy to produce and distribute it is high. His rational is that the stopping the sending of billions of dollars overseas is more important to the country then the cost of ethenol. He also supports solar and wind energy as well a nuclear for the future.

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