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: Aggie who wrote (55529)	11/28/1999 4:20:00 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

Hi Aggie Moody-Stuart's "predictions" about oil prices should come with a warning label like "My previous predictions could have caused damage to your financial health so take this latest one for what it is worth.....nothing". This is the guy who was predicting $10 oil for many years just days before the price exploded this spring. Nostradamus he is not. In my previous post about the oil/gas mix in the GOM, I mentioned how one-sided it had become. This is the trend in recent months.... DATE TOTAL GAS OIL 03/26/99 103 57 46 04/30/99 97 45 52 05/28/99 104 57 47 06/25/99 99 73 26 07/30/99 106 92 14 08/27/99 103 98 5 09/24/99 108 103 5 10/29/99 107 104 3 11/26/99 116 115 1 It seems like such a dramatic change. Does it mean anything? If gas prices languish and oil prices stay high, will it affect drilling activity in the gulf? TIA, John