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: gravity rules who wrote (60447)	2/16/2000 6:10:00 PM
From: ItsAllCyclical	Read Replies (1) of 95453

Crude prices to average $25 for 2000 and 2001... This was from a CNNfn article. Yet it's almost spun as a negative. Sees prices falling...oh my god falling? Really? Better sell oil stocks. Hey $25 is $5-7 more than what these oil companies are used to. It's pure gravy for 2000 and 2001. Better buy some E&Ps. ;) >> Ed Maran, oil analyst at A.G. Edwards, sees oil prices failing ahead. He forecasts an average price of $25 a barrel this year and in 2001. << cnnfn.com THE STORY OF 2000 will be that oil prices averaged closer to $25 for 2000 vs the 18..uh..20..uh $21 prices that had been predicted.

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