March 12, 2009 7:36 PM
Ted Peroulakis says to buy oil:
“The world’s utter dependence on oil remains unchanged. I believe the upside for oil prices is now much greater than the downside in the near term. I think the worst of the great oil bubble burst is behind us.”
Buffet:
“I still believe the odds are good that oil sells far higher in the future than the current $40-$50 price. “
and Boone Pickens:
“I say $60 before it drops below $40â€
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