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Gold/Mining/Energy : Schlumberger - The biggest/baddest oil service company
SLB 37.03+2.7%Nov 3 3:59 PM EST

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To: General Crude who wrote (28)7/29/1998 10:25:00 AM
From: Bald Eagle  Read Replies (2) of 216
 
<<Let's hope El Nino will bring us a cold winter to help prop up oil prices then we will move up again.>>
Well, we might get a cold winter, but it will be La Nina that causes it. Really, La Nina is the "sister" of El Nino and brings cold weather.
BTW, also, this A.M. on CNBC there was an analyst recommending SLB. Says that no matter what oil prices are,oil companies still have to drill or they lose their leases and that oil won't stay this low for long, anyway.
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