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: Tomas who wrote (74474)	9/24/2000 10:13:41 PM
From: Tomas	Read Replies (1) of 95453

Analysts were skeptical Friday that the release of oil would have a price impact. "This is a blip on the screen. It is going to have a limited impact on prices. I don't anticipate the consumer will feel much change." Kenneth Miller, senior principal at Purvin & Gertz, Houston-based energy consultants ____________________________________________________________________ "Strong prices are necessary to make sure oil producers invest enough in exploration and production to meet future demand. Without good prices we may well end up with a shortage of capacity in the future." The secretary general of Opec, Rilwanu Lukman, Sept. 23

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