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: GREENLAW4-7 who wrote (72585)	9/7/2000 3:35:23 PM
From: Think4Yourself	Read Replies (3) of 95453

I am not invested in the OSX, and never suggested I was. I am invested in the producers, who are raking in the cash hand over fist. My producers are also unhedged. Their stock prices have been climbing like a rocket almost all year. They will continue to climb as long as the fundamentals remain this strong. Regarding $40 bbl crude, show me ANY point in history where we were in such a dangerous supply position (oil, HO, Gas, NG). We have serious problems here in the US. In your latest post you are completely ignoring demand, which is the most iomportant factor this time around. In 97 Asia economies collapsed. Not meaning to insult your intelligence Greenlaw, but suggest you try to do the easy math from that article. Don't forget that half the tankers are on the return trip. The author apparently didn't realize that obvious fact.

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