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

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To: SliderOnTheBlack who wrote (38981)3/5/1999 12:06:00 AM
From: Bald Eagle  Read Replies (1) of 95453
 
SOTB, I like your style. I own a few drillers, DO, GLM and MRL. I also have SESI and XON. If there is one sure thing about the oil industry, it's that there are no sure things. I remember in 1981 when many were forecasting $100 per barrel by now! I've been in the business for over twenty years and I love the unpredictability. Personally, I wouldn't be at all surprised to see $18 per barrel very soon. I also wouldn't be shocked to see $10 per barrel, either! However, I'm putting my money on $18 before $10.
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