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


To: The Ox who wrote (82712)12/26/2000 2:49:59 PM
From: Think4Yourself  Read Replies (2) | Respond to of 95453
 
My suggestion for the quote of 2001: "It's the lack of NG stupid!"

I predict NG supply will not be able to keep up with demand in 2001, because of all the new power generation turbines coming online. We are going to hurt this winter, next summer, and next winter. NG prices will average above $5 for 2001, and probably above $6. Manpower and equipment shortages will be the limiting factors on drilling, which will rapidly drive up drilling and OS prices.

Yeah, I know this is all obvious.



To: The Ox who wrote (82712)12/26/2000 2:50:42 PM
From: CpsOmis  Read Replies (1) | Respond to of 95453
 
BTW....

MERRY CHRISTMAS AND HAPPY NEW YEAR TO ALL!

Especially you, Big Dog, wherever you are.....your newsletter got me started with this 'oil stuff' and I am grateful...

Cosmo



To: The Ox who wrote (82712)12/26/2000 3:41:22 PM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 95453
 
Happel - what you buying ?

Just curious...