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

To: Tommaso who wrote (83130)	12/31/2000 2:59:08 PM
From: Second_Titan	Read Replies (1) \| Respond to of 95453

Saudi Arabia to support production cuts! What a surprise, many thought after a few quarters of great revenues they would have forgot the very dire straights that preceded the windfall in revenues. If they screw up and let prices drop you can be sure the next time prices are at $35 a barrel they will not be so generous with production increases if they have the ability to do so. If they dont actually cut production I suspect the speculators will floor the price of crude and scare the hell out of them.