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To: Rarebird who wrote (33)9/12/2000 9:52:41 AM
From: DOUG H  Respond to of 3145
 
It's not so much that $/barrel will or even needs to continue higher. It's just that crude is at a level where domestic producers can make money bringing their product to market and make a profit. I've heard $14/barrel is breakeven on most wells.

Also, the danger of relying on imports has again been demonstrated to the public/politicos. We'll see. I appreciate your opinion.



To: Rarebird who wrote (33)9/12/2000 2:27:14 PM
From: zx  Read Replies (1) | Respond to of 3145
 
cmtn down. added to camp and sold lrcx.