11/08/2009
DALLAS – T. Boone Pickens, who has spent more than a year telling Americans the answer to their energy woes is natural gas, says the U.S. natural gas supply will probably dry up in about 30 years.
At that point, Americans will have to find some other technology to fuel vehicles, Pickens said during a speech last week at the University of Texas at Dallas.
“Natural gas is just a bridge,” Pickens said.
“Twenty-five, 30 years is what we’re going to get out of it,” he said. “Then you’ll have to get over to either fuel cells or battery. You’ll have to be on to some other transportation fuel by then.”
Pickens is predicting oil prices will rise to $300 a barrel in the next 10 years.