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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (1566)	9/20/2000 10:05:55 PM
From: HG	Read Replies (1) of 57684

<<<Oil costs $6 a barrel to find, and natural gas 40 cents per mcf>>> Could I ask you for a pointer to the source of these numbers ? I was never concerned about the rate hikes...the oil crisis is another matter, considering the history...in 1990, it was the Arab fear, resentment for Saddam, and the obligation felt by a few OPEC countries towards the West which played a significant part in containing the situation... I doubt if it ever will come to that...but if it were to, wouldn't the market dislocation, to use your words, be stretched over a significant period if we were to find, produce and distribute ? What of that ?

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