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

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To: Think4Yourself who wrote (74515)9/25/2000 10:10:08 AM
From: Roebear  Read Replies (1) of 95453
 
JQP,
Could be if you throw the 18 wheelers in that 12-13mpg is quite possible as an average for half the fleet. He did say half the vehicles on the road.

I frequently travel on a major N/S interstate route and am amazed at the increase in truck traffic during this economic boom. Trucking companies have been advertising heavily for drivers for quite awhile and I note that some of the fleets that transport for my company are having a hard time keeping drivers. Plenty of new faces among the drivers.

This is a major demand contributor to Boom part I and II.
I actually am somewhat relieved if the SPR release gives the general market a little relief. If my oil profits go down some in an OSX correction they will not stay down as long as the economy remains hot. Were the markets to crash, that would take demand out of the OS equation and the OSX would go along on that ride off the cliff.

Best Regards,

Roebear
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