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

To: upanddown who wrote (60119)	2/10/2000 8:00:00 PM
From: The Ox	Read Replies (2) \| Respond to of 95453

Futures imply that oil will drop all year from this level. Prices could easily remain above $25 until next October. I don't think that is out of the question depending on OPEC's resolve. Having said that, it will be hard to silence the weaker nations while POO is near $30. They will insist upon slightly higher quotas because they need the money NOW. JMO, Michael