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

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To: A. Geiche who wrote (37413)2/12/1999 12:15:00 AM
From: Dwight E. Karlsen  Read Replies (2) of 95453
 
the point is we have OIL CRISIS.

Well I disagree. The oil industry has a crisis, but consumers (ppl who drive cars, airlines, trucking, etc) are just lapping up the cheap oil, buying gas-hogging SUVs to consume even more. This is good, because this secures even more our status as a gas-guzzling nation.

You're going to have a tough case to take to Congress to get them to make Americans believe that Exxon, ARCO, Royal Dutch/Shell, BP, etc all need taxpayer subsidies "just to survive". I LOL just thinking about it. When most people see Exxon, they are more likely to think "Valdez" than "oh let's give them a handout, they're so needy".
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