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

To: marc chatman who wrote (59603)	2/2/2000 3:08:00 PM
From: Terry D	Respond to of 95453

it's not fair for crude to be sold at $30 when it costs $10 to produce Yea - that was beautiful. What a dope.......(head) Cheap shot. But justified.

To: marc chatman who wrote (59603)	2/2/2000 3:31:00 PM
From: Think4Yourself	Respond to of 95453

If Klueless Kudlow wants to rag on price paid vs worth, How can he possibly justify what he makes? He hasn't been right in this industry for AT LEAST 16 months. FWIW, interest rate announcements have been at 2:15 for quite some time (if memory serves me correctly).

To: marc chatman who wrote (59603)	2/2/2000 3:35:00 PM
From: ChanceIs	Read Replies (4) \| Respond to of 95453

``The Venezuelans probably saw both the API and DOE figures and decided to put the brakes on' prices, said Nauman Barakat, vice president of global energy trading at ABN Amro Inc. in New York. Above from Bloomberg: quote.bloomberg.com Like I said earlier (and Slider has said for some time), the price pressure comes off about the Ides of March when the northern hemisphere winter ends. Until then OPEC must keep a low profile pricewise. Allowing a big price spike here will upset the apple cart. OPEC can keep Clinton/Gore/Richardson/Schumer at bay with chat. With the winter demand pressure off, OPEC can extend its cuts with impunity. Schumer can't whine about yuppies high SUV gasoline bills in July.