Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: hdrjr who wrote (51706)	9/23/1999 1:12:00 PM
From: Think4Yourself	Respond to of 95453

OPEC Not Worried quote.bloomberg.com OPEC nations say they aren't worried about the new competition. Increased non-OPEC production will only boost the world's dependence on crude, which will eventually help OPEC, which has 75 percent of the world's known oil reserves, an OPEC official from the Persian Gulf said. OPEC believes there's no risk of oil demand falling in the next decade, even though some countries are experimenting with alternative energy sources and more efficient consumption, he said.