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Tuesday, March 6, 2012

The Pickens - CNBC interview

For those who missed it, here is today's video at CNBC with Boone Pickens. (Don't be confused by the opening comments by Gingrich; ignore; that was the CNBC teaser.)

He is correct about OPEC controlling the price of oil.

Remember: Saudi Arabia says the cost of their oil (their "floor" for cost) is $87/bbl.

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