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: davep who wrote (14174)	3/9/1998 12:39:00 PM
From: Flan	Read Replies (1) of 95453

Is oil going to $12 - if so we are all in trouble - The posts over the last six months said oil won't break 18, 17, 16......Now we are at 14.30 and no matter how much drilling is not linked to the price of oil at this point I believe it will start to see adjustments to cap expenditure programs - Wow this is ugly.

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