Well, I hate to wade in on all this, but some of the early posters must have gotten their "facts" from either old info, or from someone with an agenda, because on December 16, 2014, T. Boone Pickens said that the Bakken Fracking oil was selling for 51 bucks...
T. Boone Pickens and Neil Cavuto discuss the outlook for oil prices | Boone Pickens