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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies

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To: SliderOnTheBlack who wrote (151)3/20/1999 3:29:00 PM
From: PuddleGlum  Read Replies (1) of 318
 
Latest from Oilworld.com:

Baker-Hughes reported U. S. rig count down 8 over last week at 526 (114 for oil and 412 for gas) versus last year's of 937 ...
Canada rig count drop 53 over last week to 180 versus last year's of 399 ...

The AGA reported a build in storage last week (this must be a miscalc, because the weather was very cold during that period), news that should have sent the ng stocks down sharply. Instead, they're going higher. Bad news doesn't hurt in a bull market, so we have a genuine bull here.
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