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: BigBull who wrote (41703)	4/6/1999 7:28:00 PM
From: Crimson Ghost	Read Replies (1) of 95453

Bull Perhaps the street sees $15 crude because the price of gasoline has been artificially inflated by refinery shutdowns. Perhaps that is also the reason they are valuing OSX at what would be a fair price with $15 oil. Now that OSX has corrected with crude holding up, I would not be surprised if OSX rallies when crude weakens. The bad news will then be out and it will time to buy again. Crude and products off about 1% om access in the wake of API report.

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