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If Pickens Is Right About Gas, These Stocks Could Surge
Thursday, September 27, 2012 - 7:23am | 646Legendary energy investor T. Boone Pickens did not become legendary, or billionaire for that matter, by making a lot of mistakes. To that end, many traders that actively follow energy equities and futures listen when Pickens speaks. What Pickens said Wednesday afternoon in a CNBC interview is...
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Not Chesapeake: One Company Cash-Rich Chevron Should Buy
Wednesday, August 29, 2012 - 7:02am | 994The energy patch has been abuzz over the past couple of days on speculation that Dow component Chevron (NYSE: CVX), the second-largest U.S. oil company, could be in an acquisitive mood. Chevron has $21 billion in cash, a large enough sum that puts plenty of companies in play. Eager investment...
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T. Boone Pickens Blames the Koch Brothers For Lack of American Energy Plan
Monday, May 7, 2012 - 2:09pm | 449In an interview with Yahoo Finance's Aaron Task at last week's Milken Institute Global Conference in Los Angeles, famed energy investor T. Boone Pickens said that special interest groups do not want a comprehensive American energy plan. Pickens is a leading proponent for transitioning America's...
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ETFs For 13F Filing Season
Tuesday, November 15, 2011 - 6:57pm | 551It's that time of year again. It's 13F filing season. A veritable gift for investors that like to mimic what the professionals are up to. For those that subscribe to the theory of following the smart money, this is your time. And for those not in the know, here's a quick explanation of what 13F's...
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Natural Gas Drops 8% in Minutes
Thursday, June 9, 2011 - 3:14pm | 480Something interesting happened Wednesday night. Around 7:40, natural gas spiked downward in price, falling roughly 8% within minutes. By 7:50, natural gas had rallied back to trade within its normal trading range. Was this just another example of electronic trading messing with the system? Or is...
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What's That Burning Smell? Natural Gas Is On Fire
Thursday, June 9, 2011 - 9:43am | 380Natural gas prices have been on a tear in the past few months, jumping nearly 20% as temperatures soar across the country, particularly here in the Northeast. Since touching a 2011 low of around $3.80 per BTU, natural gas has been on fire (no pun intended) and investors are looking to cash in the...
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T. Boone Pickens: Oil Prices Have Nowhere To Go But Up
Wednesday, April 27, 2011 - 8:44am | 123This morning on CNBC, T. Boone Pickens said that he feels that oil prices have nowhere to go but up. Natural gas, meanwhile, provides us with a chance to rebuild the economy while increasing U.S. security. “I'm ready for hybrid, I'm ready for anything,” Pickens said. “I'll take ethanol.” “Our...
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Nat-Gas ETFs For Obama Speak
Wednesday, March 30, 2011 - 1:50pm | 512President Obama was out with comments this morning highlighting an ambitious plan to curb America's addiction to foreign oil. In fact, the President went so far as to say he wants to see U.S. oil imports pared by a third over the next decade. Obama isn't the first president to make such remarks...
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T. Boone Pickens Tells Fox Business Network Oil Could Hit $130
Monday, February 28, 2011 - 6:36pm | 875In an interview to appear today on FOX Business Network's (FBN) Bulls & Bears (4 PM/ET), oil tycoon T. Boone Pickens speaks with anchors Liz Claman and David Asman about how the turmoil in the Middle East will affect the price and supply of oil. Pickens says that the price of oil is “going to...
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T. Boone Pickens Talks To Fox Business
Thursday, October 7, 2010 - 6:27pm | 555Billionaire Energy Investor T. Boone Pickens spoke with FOX Business Network's (FBN) Brian Sullivan about the energy sector, saying the price of oil will be “over 90” next year and that the Pickens Plan could be passed by the end of the year. Excerpts, as well as videos, of the interview can be...
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T. Boone Pickens Expects Oil To Hit $100 In 2010
Thursday, November 12, 2009 - 12:22pm | 26T. Boone Pickens expects oil to hit $100 in 2010. Boone Pickens thinks OPEC maxed out its oil production and oil prices should continue to rise from here.