SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SargeK who wrote (39884)3/14/1999 12:32:00 PM
From: diana g  Read Replies (5) of 95453
 
Re: $11 Oil per Amoco's Fuller

Sarge, I think you may have hit the nail on the head here:
<<"... I find Fuller's remarks 'friggin unbelievable', unless, of course, he is attempting to influence markets and competition. ...">>>

If I were in his position I would be uncertain of the future price of oil but would take the position publicly that I expected prices to go/stay down. He will be negotiating with service companies and drillers. It would be against the interests of his company to do otherwise.

(Of course it is possible he really believes this --- there is no way to know.)

regards,
diana
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext