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Pickens sees $300 oil unless U.S. cuts crude imports

By swen66

what do you think gas prices would be at $300 a barrel.   Well if you use:

$130/$4=$300/X

X would equal $9.239 per gallon

Oil prices will hit $300 a barrel in 10 years if the United States fails to reduce its dependence on foreign imports, billionaire oil investor T. Boone Pickens told U.S. lawmakers on Tuesday.

Posted by: roboblogger

Full Story: Earth Times

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This entry was posted on July 23, 2008 at 14:36 and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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