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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: isopatch who wrote (85835)1/31/2001 10:20:33 PM
From: Second_Titan  Read Replies (1) of 95453
 
The article citing 4th quarter E&P production increases and/or the lack of it after the quantity of drilling was the icing on the cake for me. A mild recession will be meaningless to NG demand IMO.

My only concern between now and the end of next Winter is a mild remainder of this Winter and a cool summer.

It will only take an Artic blast of 2-3 weeks two test the upper end again. But like crude and OPECs stabilizing efforts, the sooner prices stabilize maybe the sooner these stocks attract more than the mo-mo money.
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