Nov. 12 (Bloomberg) -- T. Boone Pickens, billionaire oilman and hedge- fund manager, talks with Bloomberg's Doron Levin about the outlook for oil prices.

Pickens, speaking at the Bloomberg Washington Summit, says oil will rise to $100 a barrel next year. Pickens says the world has "maxed out" at 85 million barrels a day of production. Bloomberg's Peter Cook also speaks. (Source: Bloomberg)

00:00 Cook introduces Boone Pickens. 
01:00 Picken's hedge fund; natural gas plan
07:11 Natural gas vs. diesel; V Vehicle, Al Gore
11:28 Oil demand, production, price, storage
19:42 Pickens responds to questions.

Running time 32:38

Last Updated: November 12, 2009 12:55 EST