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


To: Roebear who wrote (59600)2/2/2000 2:31:00 PM
From: Terry D  Read Replies (2) | Respond to of 95453
 
Anyone listening to Kudlow rambling on about crude on CNBC?

Hey Larry - price of crude oil, once adjusted for inflation, remains almost 40 percent lower than it was in 1976, when U.S. crude inventories were on the same level, and OPEC argues the world's economy can afford today's prices -- or even some rise.



To: Roebear who wrote (59600)2/2/2000 2:37:00 PM
From: freddie  Read Replies (2) | Respond to of 95453
 
Kudlow's talking about oil prices.....too high. Insana interrupts him and says a deal is being cut now.

What's Insana talking about?



To: Roebear who wrote (59600)2/2/2000 2:40:00 PM
From: jim_p  Respond to of 95453
 
Looks like the market is selling off on the good news of only a .25 point increase. Maybe we will get a little rotation into the oil stocks?

Jim