Pickens: Oil at $300 a barrel? Maybe

... Oil prices could hit $300 a barrel if the United States does not take drastic action to reduce its heavy dependence on foreign oil, but neither of the top presidential candidates is addressing the crisis, Texas oilman T. Boone Pickens said Monday. To prevent economic bankruptcy as a result of sending $700 billion a year overseas to unstable oil producers in the Middle East and Africa, the nation needs to mobilize behind a plan to shift toward domestic energy sources ...