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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Amelia Carhartt who wrote (24679)6/24/1998 4:12:00 PM
From: Broken_Clock  Read Replies (1) of 95453
 
m...demand has been increasing all this year.The rate of demand increase has diminished. Eventually there will be an equilibrium. I expect that will occur sometime this winter, probably after january. That is when I would expect to see $17 oil again. By then, with the expected La Nina effect, some of the storage glut should be gone.
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