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This quote is just one of 7 total Boone Pickens quotes in our collection. Boone Pickens is known for saying 'Mr. Pickens is pleased to have some skin in the Barnett Shale game.' as well as some of the following quotes.
Mr. Pickens is pleased to have some skin in the Barnett Shale game.
Let me give you a number that is pretty shocking when you hear it. The world uses 30 billion barrels of oil a year. There is no way we're replacing 30 billion barrels of oil. Just a million barrels a year is 1,000 wells producing 1,000 barrels a day. That's big.
The world produces about 85 million barrels a day. That's where demand is now, too. And I've seen forecasts that demand is going to be higher than that by the end of the year.
We think the first half of the year is going to be somewhat slow, pick up later in the year and in the fourth quarter we'll be back up to levels like we are now.
You have gasoline in Europe at $5, and in the United States at $2.20. Eventually, it's going to have to move up. ... I do think you're going to see gasoline prices move up to $3 within a year from now.
This quote is just one of 7 total Boone Pickens quotes in our collection. Boone Pickens is known for saying 'Mr. Pickens is pleased to have some skin in the Barnett Shale game.' as well as some of the following quotes.