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

To: SliderOnTheBlack who wrote (63850)	4/5/2000 12:15:00 PM
From: William JH	Read Replies (1) \| Respond to of 95453

Tom Petrie on CNBC this AM: "For most of the last decade, we've only had 12-18 month periods where oils did very well. I think there is a growing case that this could be a 2-4, possible 5 year trend, because the supply demand picture has become so positive. Ironically, what we have is, to the degree that technology is sustaining the economic growth with productivity gains, that creates real final demand, and really underscores why this is an old industry that may have some real visibility looking out on a multi-year basis."