Strictly: Drilling and oil-field services Message Board

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

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To: Pete Young who wrote (41549)	4/3/1999 9:46:00 AM
From: luq yacub	Read Replies (1) of 95453

Peter: the person who started GAS OUT has not been to Europe or Asia where average gas prices are around $ 4/ gallon. With bad Hurricane season predicted, I see natural gas prices hitting $3/ Mcf by the end of this Summer. My prediction for oil to be around $ 23/BBL by the end of this year.The Pendulum has started the other way, and if OPEC even complies 70 -80 %,the price momentum is going to take us past $ 20/BBL. I think most people on this thread are on right track. Good luck.

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