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Making ¢ents out of the senseless Capital Markets
Gas Price Stabilization …. Capitalism at work … Baker Hughes Rig Count
A fellow blogger from Calafia Beach Pundit, Stott Grannis put this chart our recently.
Baker Hughes US Rig Count
T Boone Pickens recently stated that the Rig count would fall by 50% and we would be at $100/ barrel oil by the end of 2015.
In my opinion, both of Boones statements are a bit aggressive, but there is no denying capitalism is at work.
Have a great Day!
John A. Kvale CFA, CFP
http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225
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