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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (31728)11/12/1998 5:18:00 AM
From: Ditchdigger  Read Replies (2) of 95453
 
Well Slider,bought NE yesterday,we'll see what happens..Oil is strong this morning..;^) Any pop in prices will go to the bottom line of oil companies,budgets can be adjusted,if you've got the cash,why not drill etc. while dayrates are cheap? (don't get me wrong,only looking for a few points on my trade. I'd be happy to profit what the stock has lost in the last couple of days<g>)DD
PS: if we can just keep the US Navy's fleets in motion, think of the fuel oil drawdown(sorry,couldn't resist)My brother-inlaw,was on the Kennedy-incredible the amout of fuel burned by these babies,if I remember correctly,storage was around 1/2mm gallons...200,000 hp
hoi.ie
Will it fit in Big Dog's pond?<g?
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