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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: The Ox who wrote (72443)9/6/2000 2:56:56 PM
From: ItsAllCyclical  Read Replies (2) of 95453
 
Richardson sounding like a broken record...

quote.bloomberg.com

Notice the SPR hasn't been mentioned in a while. I don't know about anyone else, but asking for $20-25 oil when it's at $34 and when OPEC has stated they want closer to $25-28 strikes me as somewhat naive... especially going into the winter months. Richardson should be saying we'd like to avoid $40 thank you.

I would much rather have had steady $28 oil than this, but maybe we can get some nice short term gains.
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