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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Sunny Jim who wrote (27060)8/5/1998 2:00:00 AM
From: VLAD  Read Replies (1) of 95453
 
Jim,

Your opinion is a good one. If the Saudis had any guts they would simply turn off their wells for a month and we would see $20.00 oil very fast. Evidently most OPEC nations are too greedy to take a short term loss for a longer term gain. IMO they should look at their oil supplies as their future generation's bank account--they can withdraw more of it now for less or less of it now for more later.
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