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: Roebear who wrote (58900)	1/22/2000 9:37:00 AM
From: kormac	Read Replies (1) of 95453

Roebear, From the article you posted this sentence also struck me. "That's due to the increased energy efficiency of companies that use oil heavily and the increased importance of industries that are not heavily dependent on it," Cheney said. If this truly has happened significantly, then the oil demand is harder to control. In the 70's improving the efficiency of energy use was fairly easy to carry out, as we were very wasteful. Now it may be harder. Seppo

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