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Author Topic: Oil investor T. Boone Pickens sees oil rising to $55-$60/barrel by end of year  (Read 765 times)

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Offline thackney

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Oil investor T. Boone Pickens sees oil rising to $55-$60/barrel by end of year
« on: September 21, 2016, 12:12:52 pm »
Oil investor T. Boone Pickens sees oil rising to $55-$60/barrel by end of year
http://www.cnbc.com/2016/09/19/oil-investor-t-boone-pickens-sees-oil-rising-to-55-60-per-barrel-by-end-of-year.html
 19 Sep 2016

Oil investor T. Boone Pickens believes the price of oil will rise to a range of $55 to $60 a barrel by the end of the year, he said in an interview with Reuters on Monday.

Pickens, who chairs investment firm BP Capital Management, said he does not see crude rising to $100 a barrel, however, because of the size of U.S. reserves. He is appearing Monday at the Concordia Summit in New York.
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Offline Restored

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Re: Oil investor T. Boone Pickens sees oil rising to $55-$60/barrel by end of year
« Reply #1 on: September 21, 2016, 12:38:10 pm »
Pickens: Brent crude will be above $100 forever
Tuesday, 19 Aug 2014

http://www.cnbc.com/2014/08/19/pickens-oil-is-not-a-free-market-i-see-brent-above-100-forever.html
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Online Free Vulcan

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Re: Oil investor T. Boone Pickens sees oil rising to $55-$60/barrel by end of year
« Reply #2 on: September 21, 2016, 03:13:11 pm »
I'd be willing to pay at the pump if it meant a healthy oil sector.
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Wingnut

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Re: Oil investor T. Boone Pickens sees oil rising to $55-$60/barrel by end of year
« Reply #3 on: September 21, 2016, 03:16:47 pm »
T Bone has been a hasbeen for a very long time.
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Offline sinkspur

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Re: Oil investor T. Boone Pickens sees oil rising to $55-$60/barrel by end of year
« Reply #4 on: September 21, 2016, 03:20:12 pm »
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Offline thackney

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Re: Oil investor T. Boone Pickens sees oil rising to $55-$60/barrel by end of year
« Reply #5 on: September 21, 2016, 04:30:48 pm »
Quote from: Restored on September 21, 2016, 12:38:10 pm
Pickens: Brent crude will be above $100 forever
Tuesday, 19 Aug 2014

http://www.cnbc.com/2014/08/19/pickens-oil-is-not-a-free-market-i-see-brent-above-100-forever.html

You would think, eventually folks would stop reporting what he says.

Note that most those that bet on oil future price don't agree with him.

http://quotes.wsj.com/futures/CRUDE%20OIL%20-%20ELECTRONIC/contracts
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