Quote:
Originally Posted by Discuss Thrower
Pickens on CNBC saying Oil'll be back at $80-95/bbl in within 18 months.
Marthafockers I'mma be riiiiiiiiiiiiiiich
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He is trying to "talk" oil up and convince himself it's going higher as he is losing millions with oil and nat gas this low.
With so many of the "experts" suddenly claiming oil is going back up to $80-$90-or $100+ when not one of these buffoons saw the collapse, that ought to tell you something.
Two gigantic oil projects are coming online this year in 3-4 months that are going to add HUGE supply to the market and the fact that billions have been spent over the last 3-4 years to get them operational means they have NO CHOICE but to start pumping oil!
Sorry my friends but oil is low for the foreseeable future UNLESS there is a nuclear dirty bomb or some other catastrophic global event of epic proportions, then all bets are off.