Thursday, March 29, 2007

Rounding up The Usual Suspects.

Jim Rogers, Boone Pickens, and Matthew Simmons all popping up today and, each in his own way, intentionally or not, stoking the bull market in oil that's re-exerting itself. Although the economy's looking funky, so far there's no sign of it in gasoline demand.

Has oil got it's mojo back? It certainly looks like it. $75 before $55, Boone Pickens says, and that looks reasonable.

Bloomberg: Jim Rogers.

CNBC: Pickens Tells CNBC: Fundamentals Pushing Up Oil, Not Politics

CNBC: Oil Supply Shock.