Reuters reports that oilman T. Boone Pickens reports that oil prices will go up to $100 a barrel by 2016. This revises earlier comments he made that it would reach that price this year.
3 Sarcastic Comments About This Story
1. “Just like when Donald Trump predicts real estate prices will go up – must be true!”
2. “In other news, the size of oil barrels will go up 500% by 2016.”
3. “Oil prices will go up, or just like when I recently got it wrong, they will do whatever they say the next time the media asks for my opinion on what oil prices will do. p.s. Wanna buy some oil, I have nowhere to store all this stuff?”
Categories: Mildly Bad News