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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (58603)	9/21/2000 3:18:35 PM
From: Rarebird	Read Replies (3) \| Respond to of 116766

<Are not those that drill for oil & invest in oil & ar in every way working for the petroleum industry in the US part of your "public" deserving of good?> You can't be serious? You think Oil companies would do better with $40/bbl. oil? Think again. Long-term higher oil becomes self-defeating, because it assists contracting demand, and therefore while generating a brief spate of higher oil company profits, actually sows the seeds of lower earnings down the road. Higher prices yet becomes self-defeating further-out. I wouldn't be surprised to see heating oil having the heart of it's rallying behind, with short-to-intermediate peaks coming amidst all the current hype. You think $40 oil is good for the majority of business and individuals? OH, I forgot, this is long-gones Heavenly Moral Market devoid of manipulation?