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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (75968)	2/16/2000 6:57:00 AM
From: Ronald J. Clark	Read Replies (2) \| Respond to of 132070

Mike, Curious about your comment on the oil stocks. BR (e.g.) is trading at an 11 year low while oil is at a 10 year high. Natural Gas is trading in the $2.50-$2.60 range (not $1.75/MCF like last year at this time). Natural gas futures going out almost 2 years reflect market expectations for natural gas to remain in the $2.50/MCF area. (And oil over $20/bbl) Doesn't seem to me that the oil and gas stocks are reflecting current oil and gas prices. BWDIK. More on your thoughts here?