Tom Petrie: Go Short Oil, Demand Destruction Is Here
Apr 21, 2011 at 3:20 PM
DailyBail in Oil, oil, price of oil, tom petrie, video

Video - Tom Petrie with Erin Burnett - April 20, 2011

Just back from a trip to the middle east, Tom Petrie, Bank of America Merrill Lynch vice chairman, with his perspective on the future price of oil, and impact of global supply and demand.

Full Disclosure: I worked with Tom Petrie on Wall Street in 1990-91.  Smart and connected, now with over 4 decades of experience, and more time spent on a rig than any other analyst.  Ran his own firm based out of Denver for a long, long time - Petrie Parkman.  If you're long, look to exit on any spike.

$6 Gas? Could Happen if Dollar Keeps Getting Weaker

 

 

Article originally appeared on The Daily Bail (http://dailybail.com/).
See website for complete article licensing information.