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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject11/4/2001 10:46:48 AM
From: Frank Pembleton  Read Replies (1) of 36161
 
Shell Eyes $11 Bln Bid for Enron

LONDON, Nov 3 (Reuters) - Energy giant Royal Dutch/Shell Group is believed to be about to mount an $11 billion bid for troubled U.S. energy supply group Enron Corp. , the Independent on Sunday said.
slb.com

Crude slips below $20 (U.S.) threshold
By DAVID PARKINSON
From Saturday's Globe and Mail

Calgary ? Crude oil prices dipped below $20 (U.S.) a barrel Friday, the lowest level in 28 months, as weak U.S. employment data ratcheted up anxiety about the deepening global economic slump that threatens to crush energy demand.
globeandmail.com

Energy predictions
Investors should definitely buy natural gas stocks and avoid oil securities at all costs. Or vice versa...

canadianbusiness.com
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