I do believe that oil production globally has peaked at 85 million barrels. And I've been very vocal about it. And what happens? The demand continues to rise. The only way you can possibly kill demand is with price. So the price of oil, gasoline, has to go up to kill the demand. Otherwise, keep the price down, the demand rises.
T. Boone PickensTo me, emails are a little bit frustrating. I think that the telephone is much preferred because you get the sound of the voice and the interest and everything else you can't see in an email.
T. Boone Pickens