Search completed
“I think I made a mistake” Pickens humbly told CNBC yesterday, referring to his prediction that oil would drop in the 1st quarter. He sees oil “hanging around here” in the 2nd quarter, and above $100/barrel in the 2nd half of the year. He is also bullish on natural gas, citing it’s relative cheapness compared […]
Legendary oil investor T. Boone Pickens told CNBC this morning that he is short oil and natural gas. He believes that oil will have a short term pullback. I was surprised by this – Pickens has been (correctly) calling higher oil prices for quite some time. I’m glad I’m not long oil or nat gas […]
The ratio of the price of oil, in comparison to natural gas, is very high right now compared with historical standards. This article does a good job of explaining this (it’s a few months old, but the ratio is still roughly the same). The author is not a fan of going long nat gas and […]
Recent Comments