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Strategies & Market Trends : Value Investing
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To: Larry S. who wrote (19988)10/30/2004 9:29:24 AM
From: John Carragher  Read Replies (1) of 78644
 
There is a huge amount of NG overseas i do not see this a big challenge. international oil already working on it. xon has been plans already in place go to their web page.
pickens was a wild and ruthless , somewhat like soros imo he destroy more than built back when oil companies were doing just fine. sure he shook out some assest but destroyed a lot. He saw the assest and like a wall street guy went for the cash immediately vs long term. He was a robber.

tanker business will be good until too many tankers. How many scheduled to be built in the next few years? Like anything supply and demand and in some cases new distributions systems like pipe lines.
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