Description: LAS VEGAS (MarketWatch)—Energy tycoon T. Boone Pickens says the drop in U.S. oil rig counts will keep a recent rally in crude prices alive, pushing prices to $70 a barrel by the end of the year.
Date: May 07, 2015
Questions for discussion:
- Summarize the arguments for higher oil prices as presented in the report.
- Do you agree with these arguments?
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