Well I guess it is a judgement call.

Who would you trust the most with your money:

1. Investment banker Matt Simmons who predicts WTI at$300 .

2. Boone Pickens one of the most successful energy investor and fund manager who recently lose over 1billion $ on the short side of the trade, cut the losses and went long to discover that the market reversed again. He predicts $150 in the year. If not he will loose another billion or so (no he will not be poor).

3. Henry Groppe Chemical Engineer with the 55 years in Oil and NG experience including Monsanto, Texaco, Arabian American Oil company, director of US Energy consul and World Energy Consul. He advices the big money about directions and trends in the World energy sector.

He predicts $70 Oil first (due to the financial crises) and then $110 in the next decade. Sound reasonable?

As you know I am biased so I would trust no one but I will ask my granddaughter and see what she says.

No more posts for the week ,my wife said when we run 5km for the fund rising event today. Have to get back to shape.

Good luck ,Jurek.