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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (47431)	7/6/1999 6:18:00 PM
From: BigBull	Read Replies (2) \| Respond to of 95453

Thanks for the article Les. Do you remember the Matt Simmons 20 questions issue of ODB? In the interview Matt Simmons said to watch the OECD surplus numbers. He also stated that the OECD does not report their numbers until MONTHS after the fact. Your post clearly stated that OECD surplus numbers started to FALL as far back as April. Imo, this is incredibly good news for the POOS, and will probably cause oil to trade at these higher levels (say 17 to 22) for the foreseeable future. It is also almost incontravertable proof that the "missing barrels" never existed. I think I'll change my nom de plume to BigElephant. <g>