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: BigBull who wrote (60067)	2/10/2000 9:53:00 AM
From: Think4Yourself	Read Replies (2) of 95453

AMAZING! Producers had a great quarter, followed by a record quarter, and are on track for another (much better) record quarter. OPEC has signalled they want prices to stay around historically (very) high levels for Oil. NG figures indicate it is in short supply. NG Demand is in the process of skyrocketing due to the combination of environmental agreements/ruling and deregulation in the power generation industry. Oil stocks are at lows not seen in over 20 years. Gasoline stocks don't appear as though they will be sufficient for this summer's driving season. Heating oil stocks are at dangerously low levels. All this and folks are having difficulty deciding whether to buy or sell at ridiculously low valuations? If I wasn't seeing it happen before my own eyes I wouldn't believe it. AMAZING!

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