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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine)
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To: SuiteStock who wrote (650)3/14/1998 12:48:00 AM
From: Dave Johnson  Read Replies (1) of 2282
 
Forget 95Cent for gas.
Atlanta is gassing up at 79c.

Iraq is pumping 1.4 mill bls a day and to meet
their oil for food deal they can pump up to 6mill per day!!!
They say they can only pump up to 4mill a day from their
bombed out oil wells. There IS MORE oil coming and
The syntroleum process is rolling along that will add all of
the natural gas that is being burned off back into the
reserves as "White Gas" see SLHO thread
AND those darn japanese at toyota are STILL working on getting
the MPG up to 66 on their new models in the next few years.

I think the only thing that has kept up OIL IS OPEC. Without
them oil is back to where it started way back when.

Of course this will do well for the BIGGER & BIGGER SUVs
Maybe we can now all afford to go buy an EXPEDITION at
the current price of gas. If we all do it it might force
gas up a few cents!
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