Hemi Energy Group Inc. (fka HMGP)

[kelseyf]

Just listen to an interesting interview with Bon Pickens...He sees oil testing the prior highs of $78 sometime this year :)))

When asked the question what happens if oil breaks $78...his answer was " then I don't know how high oil could go"!!!!

His support is that oil production is 85M barrels per day and this remains consistent. Worldwide demand is increasing 5% per year. If supply remains the same and demand is increasing something must give.....if it is not supply that is increasing then the price must increase based on increasing demand. Simple supply and demand that impacts price!!! And stats support that worldwide production is stuck (mid east agreements. ect) on 85M barrels per day for the past 2 years.

Finally good old Bon is Oil BORN AND BREAD...he knows the oil industry and in my book Bon would not go on record if he didn't have the inside support info behind him.

The Hemi story just keeps getting stronger, both direct influences and indirect influences.

Kels