SI
SI
discoversearch

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.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Ish who wrote (38780)9/21/2000 11:12:19 AM
From: willcousa  Read Replies (1) | Respond to of 769670
 
If we are to get the price of oil down Haliburton is going to have to sell a lot more drilling equipment.



To: Ish who wrote (38780)9/21/2000 10:25:00 PM
From: Brumar89  Read Replies (1) | Respond to of 769670
 
Just thought I'd point out fwiw that oil prices are vitally important for oil service companies. They prosper or falter based on the price of oil. Oil prices drive drilling budgets. And drilling budgets are what oil service suppliers live on.

High oil prices mean great earnings, good stock market performance, and employment expansion for these companies. Low oil prices bring massive layoffs, red ink on the income statement, and lots of bankruptcies.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News