Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (49294)	8/18/2000 1:29:28 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 63513

Don't get me wrong, I ain't no expert in this area, but I like the argument that the prices will come down as OPEC has a vested interest in keeping the price of oil lower than the current levels because at these levels, it becomes more economically viable for our domestic deep drillers to pump oil and to use alternate energy sources, thus reducing our reliance on OPEC. Something that OPEC doesn't want. I stole this idea from somebody, I don't remember who. John Pitera is probably a good person to ask on this, but I know that he is expecting higher prices.