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Old 02-28-2011, 11:17 AM
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Default Jim Rogers Interview Commodities and Oil Rally on Libya Turmoil - Bloomberg Feb. 28

Monday, February 28, 2011
Jim Rogers Interview Commodities and Oil Rally on Libya Turmoil - Bloomberg Feb. 28

Jim Rogers :"...no they cannot Saudi Arabia have been lying about their reserves for decades , Saudi Arabia the last two times said we gonna increase production and they couldn't increase production , they told George Bush they couldn't increase production and they cannot , do not fall for that , the reason the oil is going up is the world is running out of known reserves of oil ".....
"eventualy we will [break the barrier of 148 record] there is no question "

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