The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, please consult your financial advisor prior to investing!
The is the vocal portion of J.K. Financial, Inc. a Dallas Texas Based Fee Only Total Wealth Financial Planning Firm. Founded by John Kvale, a Dallas Texas Fee only Financial Planner and Total Wealth Manager.
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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
8222 Douglas Ave # 590
Dallas, TX 75225
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Posted in Education, Forecast, General Financial Planning, Market Comments
Tagged Baker Hughes Rig Count, Capitalism, T. Boone Pickens