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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: John Slater who wrote (3005)11/16/1997 7:08:00 PM
From: Bob (Hijacked)  Read Replies (1) of 95453
 
Some Old Info

Something Big Shaping Up In The Oil Patch

Right now, for example, the oil and gas sector looks particularly inviting. From the
data I have seen, it appears that a serious shortage is developing in the oil patch.
Because of the decimation of the oil services industry by a decade long bear
market, there is no way to off-set increasing demand by increasing production.
Higher prices are a locked-in-sure-thing.

If you'd like to verify the accuracy of this assessment, pull up the stock quotes for
any oil drilling company and you will see that virtually every one of them has
either doubled, tripled or quadrupled over the last six months! The reason for this
dramatic surge in prices is because the industry is rushing to try and meet
skyrocketing global demand, but there just aren't enough drill rigs available. So
the oil service companies which managed to survive the long bear market, are
now sitting pretty. To put it mildly, something big is shaping up in the oil and gas
sector, and we will increasingly bring ways to profit to your attention .

We are also working on a special report on the oil crisis, a shortened version of
which will appear in this quarter's Natural Resource Stock Review (which will mail
to you around October 14).
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