Texas oil man Boone Pickens made a new prediction on oil prices this morning. "I think you're going to see 80 dpb before I'm 80. I'm going to be 80 next May," Pickens told "Squawk Box."

It wasn't too long ago he was saying $75.00 before $55.00. :)

I've just put the video on YouTube:

Pickens on Oil and China