CNNMoney | Boone Pickens to Texas: Don't panic. Oil is going higher CNNMoney Even though inventories are sitting at record highs, Pickens is standing by his call for oil to rise to $70 a barrel by the end of the year before rising to $90 to $100 in the next 12 to 18 months. Oil prices are currently at $57, up substantially from ... T. Boone Pickens: US oil to jump to $70 a barrel by year-end |