Tuesday, March 24, 2015

What If Oil Has Bottomed?

What if oil has bottomed? The simple fact is that two of the savviest people that I know in this world, two with really clear heads, Rich kinder from kinder Morgan Energy partners and Mike Mears from Magellan GP, two companies with gigantic pipelines systems that can peer into the pipe and see the real oil market. Well, both of these gentlemen came on MadMoney and said there is genuine demand for crude oil at the 43 dollars level.