Towards the close of ASPO-USA's  rivetting Houston Peak Oil conference, I found myself with the unusual opportunity to ask the Texas legend, T. Boone Pickens, for a few comments on the future oil. Having won his bet that oil would see 80 before he did (he is 79 and oil has already surpassed $90), Pickens thinks that future of petroleum is definitely sloped downwards, yet he is quite sanguine about the future, suggesting that everything will come out alright. See the whole interview here.