$150 dollar ahead? One OKC oil executive says it’s coming

With U.S. oil prices teasing the $94 a barrel level, there’s growing speculation that prices could easily top $100 and maybe even $150.

Who’s making such a prediction? Doug Lawler, Chief Executive Officer of Continental Resources, the company founded by Harold Hamm.

Lawler made his prediction in a recent interview with Bloomberg TV and said without new production, “you’re going to see $120 to $150” oil.

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