Debate on the Future of Energy Prices
Milken Institute 10th anniversary Global Conference.
T. Boone Pickens and Steve Forbes debate the future of energy prices. Mr. Pickens, who had often correctly predicted the movement of oil mar… read more
T. Boone Pickens and Steve Forbes debate the future of energy prices. Mr. Pickens, who had often correctly predicted the movement of oil markets, argued that global oil production was near its peak, making higher prices inevitable. Mr. Forbes, publisher of Forbes magazine and a former Republican candidate for the presidential nomination argued that politics, not technology, impeded oil production that with proper incentives could stabilize markets. They also answered questions from the audience.
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