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

To: diana g who wrote (62465)	3/20/2000 1:29:00 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

Hi Diana I'am surprised that there hasn't been a clearer signal yet of OPEC intentions. I think the slide in oil prices make it likely they will come in at the low end of estimates, maybe 1M + cheating. $34 oil may be a thing of the past. Apr expires tomorrow so we may suddenly have May oil under $28. Heating oil has come down dramatically and should reduce political pressure. I think the best scenario is a gradual decline to the mid-20's and some stabilization there. I would also like to see pump prices come down 10-20 cents. We shouldn't want $2 gas. We don't need $2 gas. We need stability and fewer stories on the nightly news. JMO. John