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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine)

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To: Gary Clarke who wrote (1365)3/15/1999 1:01:00 PM
From: Robert Douglas  Read Replies (1) of 2282
 
Asia, IMO, is the only reason to invest in oil stocks. OPEC can make supply adjustments in the short run, but if demand doesn't pick up eventually they will be like the little Dutch boy with his finger in the dike. The emerging countries will provide two-thirds of the increase in oil demand going forward.

-Robert
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