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: Winkman777 who wrote (61125)	2/29/2000 9:08:00 PM
From: SliderOnTheBlack	Read Replies (1) of 95453

Food for thought: maybe we will change from the traditional "selling" into the API's to "buying" into them ? ... As we near the point of no-return; ie: 250 M boe in storage; we just may see people buying pre-API releases looking for the pops that these phenomenal underlying fundamentals present. The real thing to focus on is "days of use" in storage - given our demand rise's - 280 M boe in storage is not the same amount of "days of use" today, as it was 5 years ago folks... Ohhhhhhh that coiled spring is going to go to the moon; if OPEC either pulls a Spike Lee (do the right thing - & don't budge !) or, just throw's them a "bone" and let out a trickle for "too little - too late"...

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