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View Full Version : T. Boone Pickens: Energy Equities Reflect $75 Oil Rather Than $100 Oil


24/7 Wall St.
04-29-2008, 05:40 PM
24/7 Wall St. Daily News

CNBC just hosted another interview with oil magnate and billionaire T. Boone Pickens today after the close. With recent prices of oil having been near $120 at the high, Pickens still thinks $125.00 is the oil target based on supply and demand. With a constant of 85 million barrels per day, the prices have to go up. As far his position he is long oil and natural gas, and he said those old short positions were covered long ago. As far what are the answers are to price and depending upon foreign oil, Pickens said that a combination of coal,...http://feeds.feedburner.com/~f/typepad/RyNm?i=Lca5sG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=Lca5sG) http://feeds.feedburner.com/~f/typepad/RyNm?i=Dw6kjG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=Dw6kjG) http://feeds.feedburner.com/~f/typepad/RyNm?i=LH6hLg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=LH6hLg)


complete story here... (http://www.247wallst.com/2008/04/t-boone-pickens.html)