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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Challo Jeregy who wrote (2445)6/27/2000 8:55:00 AM
From: Chip McVickar  Read Replies (1) of 33421
 
Hello Challo....!

Long Time No Chat....<smile>

Those are excellent articles linked over. Ike has a wonderful way of threading the needle or should I say pushing the camel through the needles eye...<chuckle>

We must also not forget the why the Marines are going into Columbia. There too is a band new, untapped and enormous discovery of oil and gas reserves. And I also know of new field prospects throughout Indonesia.

I suspect the international consortiums and I include the independent producers like Shell, Mobil, etc., will maneuver themselves much like Debears and diamonds into artificially controlling the price of oil and gas and maintain the structure we know for a number of years.

Actually, here's a thought...?

The recent mergers and consolidations throughout this industry came at a time when the price of oil was below $10.00...! Perhaps that decline was orchestrated to effectively and artificially create the environment to facilitate this industries consolidation, because they know there are more diamonds then anyone can use...!

Space imaging exploration technology, as well as the 3d seismic ground scans have altered dramatically the discovery of all the earths mineral resources and has proven there's a lot more of everything then had been previously believed. Remarkable.

Are you familiar with Dr. Thomas Gold's theories on the origin of oil and gas...?

Thanks for Ike's articles.

Chip
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