Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Bazmataz who wrote (8256)	1/15/1998 5:08:00 PM
From: Rosemary	Read Replies (2) of 95453

Barry, I saw that interview this morning, and he sounded very truthful, as did the CEO of FGII when he was on a few of weeks ago. It's all in the price of oil and the perceived demand. They both said the same exact thing. Should oil prices stay this low, eventually it won't be worth it for the drillers to drill. So the major question is, will these prices stay this low? HA! Elephants will be flyin and the toothfairies will be dancin in the streets, before I could believe these prices will stay this low, or get lower for the long term. Eventually the news will get better and we'll be ready.

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