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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: John Trudeau who wrote (7823)12/10/2000 9:06:17 AM
From: Bearcatbob  Read Replies (1) | Respond to of 24905
 
John,

A factor that will show up more and more will be industrial cutbacks in nat gas utilization due to high price. As these cutbacks will have ripple effects in terms of economic activity that could result in a possible recession next year. Allen Greenspan slowed the economy with interest rate hikes. The increase in natural gas price, and previously oil price increases, have added substantially to the forces pushing for an economic slowdown.

Bob