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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (6013)2/2/2000 10:20:00 AM
From: sammaster  Read Replies (1) | Respond to of 42523
 
these oil drillers work like clockwork...
up a couple of weeks as euphoria reigns,,then bad new down for a bit...etc...

wondering about oil long term though...if recession sets in oil demand will go down but dollar will go down as well so price of oil will continue to trend up...also world economy is improving overall so world oil demand will increase...

theres only so much oil down there and opec knows that limiting supply and prices in this range makes them richer than high volume/low price oil....

samir