SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: upanddown who wrote (83561)1/5/2001 1:34:32 PM
From: Bruce L   of 95453
 
<<There will be a flurry of "energy independence" chatter>>

I agree. There is no quick solution.

That said, I think the new administration will take constructive steps to build up the energy infrastructure: things such as an increased oil depletion allowance or rebuilding the SPR. Possibly even tax credits although I knew, in other contexts, Bush has criticized these. Whatever steps are taken, it's going to benefit oil service stocks and one day soon the Wall Street herd is going to wake up to that fact. All IMVHO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext