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

To: SliderOnTheBlack who wrote (50023)	8/29/1999 1:37:00 PM
From: marc chatman	Read Replies (1) \| Respond to of 95453

<<this is a no-brainer !>> I'm not too sure -- it could be at least a half-brainer. Hopefully, the minister with half a brain (I forget whether that's Moe, or perhaps Shemp) quietly persuaded the others to let this "band" business fade into oblivion, while allowing face-saving statements such as "we're studying it." Of course, that's wishful thinking. I have been wrong about OPEC so far this year, but I think sooner or later they will shoot themselves. I hope it's later. Question: to what extent are natural gas and oil substitutes for one another in the overall energy picture? more specifically, if oil prices tank again, making it a cheaper source of energy, how much and how fast will that impact demand for natural gas?