Natural gas prices have bottomed out, Pickens says

Energy magnate T. Boone Pickens predicted at the Milken Institute Global Conference that the price for natural gas has hit its low. The price has hovered at 10-year lows for weeks, settling below the $2 mark a couple of weeks ago. Pickens said natural gas could reach $3 within a year, and he expects oil to increase too, perhaps to $150 a barrel by summer.

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T. Boone Pickens: Natural gas prices bottomed - May. 1, 2012 - CNNMoney

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