Texas energy tycoon T. Boone Pickens discusses the recent drop in oil prices
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Energy tycoon confident of rebound in oil prices

President Obama vetoed a bill which would have approved the Keystone XL oil pipeline.

The veto comes as oil prices have plummeted and fracking in America has played a big part in that decline.

So where do lower prices leave production? Katty Kay explored the question with energy mogul T Boone Pickens in a recent interview.