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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: CommanderCricket who wrote (70443)9/5/2006 10:36:00 AM
From: upanddown  Read Replies (1) of 206326
 
and let's not forget the PERHAPS in the 15 billion barrels. We are unlikely to see a drop of it without tens of billions in costs and a minimum of five hurricane seasons. I think it is wishful thinking to expect the oil majors to put that kind of money into the GOM after the damage inflicted by recent storms. Many of them have decided to spend their cash flow elsewhere.
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