Boone Pickens Announces $125 barrels of oil. $150 dollar barrels by year end.

[stephendare]

http://www.cnbc.com/id/15840232?video=726059896

and in the process demands a switchover to wind and solar power.  Actually some very interesting, patriotic suggestions in the interview.

[Beloki]

That will surely stop endless urban sprawl and ignite public transport and bike lanes. I'm buying bicycle manufacturing stocks!

[stephenc]

This will just push the demand for alternative energy. On a side note, I went to a Ford dealership the other day looking at the Escape's. I asked about the new hybrid that they come out with. It cost about $7000 more. I was told it cost about 3 times as much to maintain. I just dont think hybrids well catch on until they can get the cost down more.

[Midway ®]

All electric Maxi-scooter

http://www.youtube.com/v/agacos3P9_M&hl=en

[RiversideGator]

All electric Maxi-scooter

http://www.youtube.com/v/agacos3P9_M&hl=en

That's a good look for you, midway.   

[RiversideGator]

Or, maybe not:

Survey says executives see oil prices falling

HOUSTON (AP) â€" Even as oil prices ascended to new highs of more than $124 a barrel this week, many oil and gas industry executives say they expect the price to fall significantly by year's end, a new survey shows. Fifty-five percent of 372 petroleum industry executives surveyed by KPMG LLP said they think the price of a barrel of crude will drop below $100 by the end of the year. Twenty-one percent of respondents predicted a barrel of oil will end the year between $101 and $110, while 15 percent forecast the year-end price to be between $111 and $120 a barrel.

http://ap.google.com/article/ALeqM5jXPJmkJdyKGBu_J5HvhnfYCkYAzgD90I1JG04

[Driven1]

i quoted a similary in the other thread (hybrid - $8/gas, etc..) .  the other thread had them having it around $100 at end of year...i think a correction to $100-$95 levels and then $120 by end of year...