Energy

T. Boone Pickens Calls For $75 Oil Again

pickens-picOil Baron T. Boone Pickens has been making presentations this month about the dependence on foreign oil and over the cost of energy.  Today, you saw a more confident Pickens than the man who had lost a billion or two billion dollars as oil tanked in 2008.  He made one of his bold oil predictions on CNBC today.

Pickens said that OPEC needs more money for its oil and it will announce more cuts to oil production.  He predicted oil will hit$75 oil by the end of the year.  Oil could go higher after that, but he just made a very bullish prediction:

  • “We’ll see $60 before it goes under  $40.00.”

Pickens is back!  Or at least he thinks so.

Jon C. Ogg

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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