info1

How High Can Crude Oil Fly?

agree!!! EXCELLENT post! i see GS is again saying $90 crude by End of Year, you have T. Boone Pickens, Richard Rainwater and John Arnold of Centaurus all hugely successful investors long crude (with occasiional short forays) you have T. Boone saying (in WSJ) its unlikely we'll see Oil below $50 with the exception of occasional short spikes and Rainwater quoted in Fortune (to paraphrase) "whatever you do get long domestic crude" the Oil Drum which is run by respected scientists has real document eveidence of saudi oil field depletion---energy is where its at and where its going to be at---just wait until the retail investing public figures it out and wants in on it! -- Patrick Kerr OilGasFutures.com