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This guy is not usually wrong when it comes to this stuff.
threadbear wrote:Boone Pickins is the most compromised piece of--never mind. He's crediting peak oil because he can make money off the theory, period, end of story, it has nothing to do with honesty. The truth is only approached obliquely, by the mainstream when some creep like Pickens stands to make a fortune by inadvertantly touching on it.
tdrive wrote:This guy is not usually wrong when it comes to this stuff.
Caveat emptor. I tend to take whatever Mr. Boone Pickens say with a pinch of salt, given that he is really not impartial at all. He has a pony in the game and would say anything to make profit. Knowledgeable people say he has large long open positions in crude 2010 and later, so he is sitting pretty. That is not to say he is wrong, but that does not mean he is entirely right, either.
While I don't deny your premise, I do raise the BS flag on that post. Pickens, whether you like him or not has been right far more than he is wrong, whether it benefits him or not. He has been recognized as one of the old heads that knows what he is talking about.
His take on this seems to be right on the money. In the end I guess it is possible he is manipulating us , just like you would probably say the government and all the other large oil corporations are too. Frankly I don't believe that. It's a matter of opinion really and I don't agree with yours.
Ebyss wrote:His motivation for talking about Peak oil is irrelevant. He will either be right or wrong. The question is where is he putting his own money? If he doesn't follow his own advice, no-one else will. It would appear, if he is so rich, that he has been right many times.
Talk about condescending. I will repeat that I think the oil companies are squeezing people, most people aren't invested in them, and if you think they don't conspire that will ultimately be your problem, not mine. You have repeated several times words to the effect that I don't believe in peak oil. As a matter of fact, I do. It's a geological conspiracy of amazing proportions.
And Pilot, because you make good money flying a plane, doesn't mean you're on the inside track of the power elite, so give it a break. If you don't think corporations conspire you're entitled to your thinking, but let's stick to the facts and avoid religious ideation.
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