SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Amark$p who wrote (9779)5/21/2008 6:21:18 PM
From: jrhana  Respond to of 50505
 
T. Boone Pickens Remains a Fervent Oil Bull

May 21, 2008

seekingalpha.com

In a CNBC interview Tuesday morning, T. Boone Pickens suggested that oil may climb above $150/barrel this year, which was promptly followed by a $2 rally in the commodity.

Birinyi Associates promptly distributed a note to clients which shows that Mr. Pickens' comments should not be ignored. His historical comments, shown below versus an oil price chart, have since been reproduced by Reuters and by CNBC.