Strictly: Drilling and oil-field services Message Board

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

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To: John Carpenter who wrote (35271)	1/17/1999 1:20:00 PM
From: John Carpenter	Read Replies (2) of 95453

How will SLB revisit $10 and GLM revisit $3? During the next couple of years, cash starved oil-exporting nations will comtinue to dump excess supply on the market. Before enough oil is pumped to start dwindling world reserves to the point that oil prices could actually increase, a major initiative by enviornmentally friendly, greenhouse emission conscious, President Al Gore will put increasing numbers of electric cars and trucks on the road. Fossil fuels will be increasingly abandoned in favor of clean renewable energy sources.

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