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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Big Dog who wrote (4735)12/10/1997 1:15:00 PM
From: HH  Read Replies (2) of 95453
 
Since I have very little experience in this industry, could
someone help me understand something. I have heard that
the price of oil would have to go to below 15 $ to significantly
impact the drillers. What would happen to these stocks
if the price did drop to 15 $. Surely , it would have some impact
on the share price of the drillers.
The reason this is of concern relates to a refernce recently
from some study from London that predicts (?) the possibility
of 15 $ oil.

HH
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