Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jim_p who wrote (81553)	12/13/2000 12:48:35 PM
From: Think4Yourself	Read Replies (2) of 95453

re: "We are in a NG crises now and the market does not know how long it will last, but the market believes we have averted an oil crises for now." I strongly disagree with the market then. The oil crisis is worsening by the day. Our stocks are steadily depleting and now OPEC produces under their ceilings for the first time in a decade. Most of the US drilling is for NG and now folks here are saying the rig yards are empty. Tanker availability is zero preventing increased imports to solve the problem. Lastly there is the middle east wildcard. We haven't dodged a bullet. We are simply ignoring it as it speeds ever closer to our collective head.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next