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

To: Douglas V. Fant who wrote (61149)	3/1/2000 10:27:00 AM
From: BigBull	Read Replies (2) \| Respond to of 95453

Top o the marnin' to ya, Dooger! Forget about OPEC? I'd love to! It kills me when yet another analyst starts calling the top for crude. Just today I read another analyst who said that OPEC would have to pump an additional 2.5 mbpd for six months to bring crude back down to the low 20's. But I understand the thrust of the article, which could easily be rephrased as Boom 2000. <g> At any rate, it is pretty clear that oil prices don't HAVE to come down for OS stocks to go up. I figure OPEC will raise production, slowly at first, since they got burned so bad the last time. OPEC will also let Venezuela pump a bit more than normal due to their natural disaster problems, so I'm thinking PDE may be a good pickup here. It is just now recovering from a pretty nasty selloff. At any rate it seems we've got us a good old fashioned oil boom on our hands. Ain't it grand?