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: Dwight E. Karlsen who wrote (8662)	1/18/1998 10:39:00 AM
From: Erwin	Read Replies (1) of 95453

Prolonged VS Short Term Reductions in Oil Prices Dwight, I stand corrected on my post. When I referred to oil prices not being a driver for drilling demand I was talking about short term oil prices. It is a flaw of mine to assume that the present depression in oil prices is short term. If it turns out oil futures drop further and the depression in price is long term then I gotta problem. Jheez, I hope it doesn't turn out that way. Erwin

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