Boone Pickens to Cramer: Oil is close to bottoming

VIDEO7:4307:43
Boone Pickens to Cramer: Oil is close to bottoming

The agony of the oil patch continued Wednesday when crude fell to levels not seen since December 2008 — leading Jim Cramer to ask when the pain would finally come to an end.

That is why Cramer turned to the insight of oil magnate, financier and philanthropist T. Boone Pickens, to discuss the future of energy for the U.S.

The recent rout in oil has prompted many investors to ask what could be in store for 2016, as many speculate that crude will continue to trade in the $30s for the foreseeable future.





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