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: Think4Yourself who wrote (74626)	9/26/2000 10:48:54 AM
From: diana g	Read Replies (2) of 95453

Re --- The 'Missing Barrels' (Again?) Probably most here will remember that, during the previous 'Missing Barrels' snipe hunt, Matt Simmons explained the phenomenon, and pointed out that it had happened previous to that time. And warned that it could happen again. When he opined that the prior missing barrels did _not_ exist, but were 'paper barrels', there was much skepticism. Ultimately he was proved right, as we know, but there was a lengthy period when many people were expecting those barrels to turn up. --- So this is the third 'Missing Barrels' episode. I think this one comes too quickly on the heels of the previous one to easily win credence. But I've been wrong before. I guess we'll see just how many times the market will swallow this story. regards, diana

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