righand1951's Comments righand1951's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/184084/comments T. Boone Pickens Predicts $125/Barrel Oil http://seekingalpha.com/article/73993/comments?source=feed#comment-157446 157446 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...]]>
Sun, 27 Apr 2008 11:18:57 -0400 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...]]>