I love T Boone Pickens. I don’t know the man, but you can tell he’s less evil than other men. After all, what sort of an 87 yr old boss tweets this out to asshole rapper Drake?
An awesome man, that’s who.
At any rate, poor T Boone made his way onto the television today to call yet another bottom in crude oil. He’s been doing this a lot lately.
Pickens predicted on CNBC’s “Squawk Box” that oil prices will rise to at least $52 per barrel by the end of the year, though he reiterated his admission that he got last year’s call wrong when he thought prices would strongly rebound.
West Texas Intermediate crude, the U.S. benchmark, was under pressure again Monday — losing around 3 percent mid-morning and trading below $33 per barrel.
In a CNBC commentary back in October, Pickens conceded his prediction for $70 oil by the end of 2015 wasn’t going to happen. On the final trading day of last year, WTI settled at around $37 per barrel.
Then this happened to crude oil.
T Boone, you’re too old for this shit. Go smoke a pipe in your study and chase whipper snappers off your front lawn, like me. I do that shit now and I’m not even 40.
Stocks are plunging with oil. Welcome to hell, gentlemen.
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I almost forgot about that tweet! Thank you for reminding me! He is great.
definitely one of the good guys.
Maybe one of the greatest tweets of all time.
Boone must have been a recent Dennis Dartman house guest. He’s just a nice old man with Whiskers.
Good way to put it, you can tell he is of the old school gentleman sort – so my gut tells me. My gut also has an opinion of Hillary but I digress. I don’t see how anyone can call a bottom in oil with global slowdown, various global fiscal moves, Iran coming online, the House of Saud chasing market share like they graduated from a 1980s MBA program, and long-term trends toward efficiency and pollution reduction.
T. Boone likes to call out bottoms…evidently.