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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: hilligas who wrote (9770)	5/20/2008 11:37:14 AM
From: jim_p	Read Replies (2) \| Respond to of 50506

What part do you not agree with? I'm also in the oil and gas business and agree that oil and gas prices are going higher until we see supply exceed demand. Currently there is no cushion between demand and supply and the trend is in the wrong direction. In addition a recession as we have known them in the past have only decreased the growth in demand and have never reversed demand. My only point on T Boone is that his opinions blow with the wind and historically he has made a number or wrong calls. Being short oil the last time he made a call on oil and now all of a sudden he is long after oil has increased $20+ per bbl is just another example of a long history of bad calls. I used to be his banker when he was CEO of Mesa and watched him drive Mesa into the ground with an ego that was dramatically larger than his brain size. Jim