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: SliderOnTheBlack who wrote (37047)	2/8/1999 5:03:00 PM
From: Broken_Clock	Read Replies (1) of 95453

Slider....you had previously questioned Noesis' long term predictions and how he had readjusted the graph. Today the update shows a comparison between actual prices, his first chart and the adjustment. It looks as though he was just a little early in his price declines.http://www.oil-gasoline.com/forecast.html "If anyone is hoping to bring prices under control, note that world crude oil production is definitely headed in the wrong direction. Overall, the U.S. economy will benefit from continued long term low crude oil prices. However, countries that depend on income from the sale of crude oil will continue to have difficulties."

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