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

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To: Crimson Ghost who wrote (45730)6/1/1999 4:56:00 PM
From: ChanceIs  Read Replies (1) of 95453
 
There is blood in the "patch" in Venezuela

"We are facing a recession never before seen in the country's history," Hugo Hernandez, first vice president of the Venezuelan
Petroleum Chamber, said Monday.

Hernandez said the 400 petroleum companies that have closed were in the areas of engineering, drilling, well services, construction and supplies.

nandotimes.com

Now if you don't engineer, drill, service or construct, doesn't your production go down?
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