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  • T. Boone Pickens Predicts $125/Barrel Oil [View article]
    He was shorting oil a few months ago......
    My My....is everyone waking up to the fact that we really are in a demand cycle and the rapidly developing "3rd world guys" (Ch-In,etc)who were never major consumers have eaten up all the surplus that used to control the price?
    Add that to the fact that most OECD (Non-OPEC) countries energy production are in rapid decline...the only new oil of any significance is Angola....Wow...go figure $100 oil! Headed to $150 by eoy...
    Apr 27 11:18 am |Rating: 0 0
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