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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: david james who wrote (24092)6/14/1998 9:31:00 PM
From: Amelia Carhartt  Read Replies (1) of 95453
 
Somewhat along those lines: at times like these do oil companies, like CHV, buy oil on the open market thereby preserving reserves for a better day. At these prices it's cheaper to buy it than produce it is it not? would this put the integrated oils in a better position than service companies?
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