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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (5800)7/6/2001 6:43:53 PM
From: Second_Titan  Read Replies (1) | Respond to of 23153
 
Seems strange that oil directed activity has been falling from January by about 30 Rigs while NG activity keeps rising.

Any thoughts on how much overall NA activity will drop if crude holds $26 WTI?

I am thinking the drillers could not field enough equipment and the NG was more profitable, but with AGA's building and WTI hugging $28 I dont know how much longer that will continue.