Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: shust who wrote (28563)	8/29/1998 12:05:00 AM
From: Douglas V. Fant	of 95453

shust, Yes but the Venezuelans are a handsome and friendly people! You know the origin of the name Venezuela right? The first Spanish explorers saw the Indians living on houses sitting on boats in the lake- so they referred to the area as "little Venice" like Venice,Italy. That is " Venezuela". My guess is that the slowdown in field work will pull about 1mm bbls/day out of the world market involuntarily.We'll still need a demand turn up in Asia to right the market completely- but we are headed in the right direction.... Sincerely, Doug F.

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