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Tag: $200 oil

 

Investing in Oil: The Next Big Boom hits the Bakken Formation

Published on May 13, 2008

by Ian Cooper
Baltimore — (TFN): If you thought T. Boone Pickens’ $125 oil prediction was a shock, CIBC World Markets’ chief economist Jeff Rubin is predicting $200 oil in the next five years. Oil production, says Rubin, will see minimum growth “over the next five years, edging up barely more than 1-million barrels a day [...]

Posted by Ian Cooper · Filed Under Oil and Energy | Leave a Comment 

Investing in Oil: The Next Big Boom is Here

Published on May 12, 2008

Baltimore — (TFN): It is not as if we do not have solutions to the oil problem. We can dig for oil right here in the United States where up to 4.3 billion barrels of oil could be recovered from the Bakken shale formation – a 25-fold increase compared to its initial assessment in 1995.
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