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

To: isopatch who wrote (74534)	9/25/2000 11:37:24 AM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

The commodities market appears to understand the differences between the oil and NG situations: Oil is down $1.51 while NG is up $.06 If only the equity investors were smart enough to know the difference. Oh well, buying op!

To: isopatch who wrote (74534)	9/25/2000 12:29:59 PM
From: dfloydr	Read Replies (1) \| Respond to of 95453

Thanks isopatch: I have no idea what Gore might deliver. I would just stand prepared to be surprised. I suppose he could push energy savings credits ... fuel cells ... gas/electric cars ... He also could push credits for developing offshore and foreign resources. He could hammer Detroit into better mileage performance ... or outlaw SUV's or .... Or give housing credits to those living within five miles of their work .... (Note: here in PHX we have a huge 16,000 home development going up some 30 miles out of the city center and it turns out a large number of buyers work on the other side of the city center .. go figure. 16,000 homes times say 30% is 4,800 drivers times 90 miles per day ... at 22 mpg that works out to about 20,000 gallons of gas per day even if all the other homeowners stay home or do not go to school.) Or .... ???? Net is he could do a lot that would not need to damage the domestic oil industry yet which could make us somewhat less critically dependent upon OPEC and in the long run that could be good even to my conservative eyes. Seems to me that Bush would be a lot more ham handed and less likely to do things for the long term good. I would expect him to go for the quick and dirty obvious and we have been doing that too long on the energy front which is why we are where we are today.