SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jim_p who wrote (66961)5/24/2000 6:19:00 PM
From: Frank  Read Replies (1) of 95453
 
Jim P-the once in a lifetime buying opportunity you mentioned the other day just got better. Equities in oil and gas dropped despite high prices and low inventories. But the law of supply and demand is unforgiving and is soon to rule in our favor. In NG there is no OPEC, no SPR, no waiving of clean air regs. There is just the fact of insufficient supply versus increasing demand. We will not refill storage for next winter, we will burn more NG to generate power this summer and we will see price spikes in both seasons. Very little can change these facts -an abnormally cool summer might slow the process but with the Kyoto agreements, our irrational fear of nuclear power, ongoing drought in key areas and the problems of coal plants nothing can stop the shift to NG before 2010. Today was a good buying day to solidify one's position. I bought CRK,FLC,BSNX and PGO.Now I wait. And the calvary is not coming from Canada-- Frank
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News