Clayton Williams Energy (CWEI) OIL Message Board

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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL

CWEI 131.90

0.0%

Apr 25 5:00 PM EST

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To: Buzz Mills who wrote (376)	2/8/1997 11:51:00 AM
From: E Schmidt	of 1017

Buzz, I have just recently started taking the Oil & Gas Journal. Ya'll probably read it. If not the Jan 27, 1997 issue is jam packed with energy satistics. They say the pace of economic growth worldwide will be a key factor with price of oil - no new news there! Also recent increase in prices will allow more investment in [exploration/development] that could yield production increases. Also OPEC's role is a question! I need to send more time with the numbers. In the mean time I believe a person needs more than a backside of an envelope to go figure an answer. I remember the forecast for oil up to $80 almost 20 yrs ago. Ink was still wet when it went to $10. Price will not do that now. If a company finds oil it should do well. Go Clayton... Enjoy the weekend... Earl

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