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Pickens: American natural gas bounty is divine intervention


BP Capital Management chairman makes last stand against foreign oil at the Milken Institute Global Conference; projects Brent at $150 a barrel by summer.

   T. Boone Pickens (Photo: Bloomberg)
LOS ANGELES -- T. Boone Pickens, the billionaire founder of oil and gas-focused hedge fund BP Capital Management, used the Milken Institute Global Conference to make a seemingly last impassioned plea for his plan to move America away from foreign oil.

He suggested the low price and abundance of natural gas in the U.S. was perhaps sent from above.

"As I get closer to the end than the beginning, I've become more and more attuned to divine intervention," said the 83-year-old Pickens, during a dinner discussion with institute namesake Michael