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Strategies & Market Trends : Strictly: Drilling II

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To: Roebear who wrote (12830)5/21/2002 1:47:58 PM
From: Little Joe  Read Replies (1) of 36161
 
Re: yellow to black gold.

I think natural gas is probably a better play than oil. Few people realize how much oil there is in the former USSR and the fact that good progress is being made in getting to this oil.

On the other hand, natural gas is more of a local commodity and the large number of gas fired electricity plants virtually guarantees the price will go up.

My favorite is UPL. Anyone like some others?

Little joe
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