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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Crimson Ghost who wrote (92302)7/15/2001 1:02:21 PM
From: chowder  Read Replies (2) of 95453
 
George, everyone's a winner on a winning team. It was easy for OPEC to stay unified when oil prices were rising. The true test of that unity will appear when oil prices start dropping due to poor demand.

If oil gets down to the low twenties, we may see an "every man for himself" mentality and that would mean much lower oil prices, in my opinion.

dabum
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