T. Boone Pickens Doesn't Think WTI Oil Will Hit $70

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Nov 05, 2014

T. Boone Pickens made a timely appearance on Bloomberg to discuss the current swoon in oil prices and the Keystone XL.

He thinks that the Republican win last night is going to force a decision on the Keystone XL, which 65% of Americans favor.

Regarding the price of oil, he thinks it is very unlikely that we will see $70 per barrel WTI.