"Famed oil tycoon sounds off" - says peak is here
Posted: 01 Jul 2005, 21:16
Did anyone else spot this. T Boone Pickens (only a true texan could have a name like that) reported in Resource Investor more or less calling the peak now.
http://www.resourceinvestor.com/pebble.asp?relid=10766
Might be old news as it was at a 'Clean Cities' conference back in May, but interesting point he makes that oil companies are in a position where they have to lie about the peak. He is also talking $70 for the coming winter...
http://www.resourceinvestor.com/pebble.asp?relid=10766
Might be old news as it was at a 'Clean Cities' conference back in May, but interesting point he makes that oil companies are in a position where they have to lie about the peak. He is also talking $70 for the coming winter...