Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: shades who wrote (68302)	8/31/2005 4:15:46 PM
From: Slagle	Read Replies (1) of 74559

Shades Re: "T. Boone Pickens" On the Fox hurricane show Cavuto was interviewing Pickens and kept hammering Pickens about his belief that oil is tight worldwide. Pickens nailed him pretty good, say "87 won't go into 85 no matter how you shake" meaning that Pickens thinks the predicted 4th quarter oil demand of 87 mbpd cannot be met by the world supply of 85 mbpd. Whoever is right we will know soon. Slagle

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