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May 2, 2012

T. Boone: Nat Gas Prices Have Bottomed Out

Catherine Tymkiw, CNNMoney


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LOS ANGELES (CNNMoney) -- Natural gas prices may have finally bottomed out, after hovering around 10-year lows for weeks, said energy magnate T. Boone Pickens.

"The price for natural gas has smoothed out pretty good," Pickens told reporters on the sidelines of the Milken Institute Global Conference in Los Angeles. "I think it's bottomed."

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TAGGED: Fracking, Chesapeake Energy, T. Boone Pickens, natural gas

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