Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: diana g who wrote (86985)	2/12/2001 4:11:42 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

OT: Ugggghhhh! Please tell me there is a new player and I am out of the picture, PLEASE! Have done everything humanly possible to get away from the food fight. Have gained too much weight and am on a diet now. Actually, since you said exchanges are occurring, that means their IS a new player. Whew!

To: diana g who wrote (86985)	2/12/2001 5:22:26 PM
From: Second_Titan	Respond to of 95453

Diana thanks for the laugh. Feb 5 O&G Journal arrived today and at first glance it looks chock full of bullish news. For an economy going into recession the 4 week rolling average demand for gasoline is still 2% over last year, and Distillate 5.8%. IEA indicated demand growth was being reduced, actual demand was not dropping. For all the OPEC crude oil pumped in 2000 and the SPR release we still have not gained in the last year (1/26 data). Personnaly I prefer NG at $4-5 dollars, less likely to damage the economy and it provides plents of revenue for drillers/service. Continued High NG prices >$6 provide more risks to the economy and energy investments than they bring benefits. IMO Dont fight the fundamentals and dont fight the fed. But be ready to head for the door at a moments notice.