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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (55940)	11/19/2001 10:23:22 PM
From: BWAC	Respond to of 70976

<Wonder where the drilling/oil service stocks will be next summer. > New highs? Gas at 80 cents? That sounds an awful lot like $5 a barrel talk. And we've heard that before..........

To: Jacob Snyder who wrote (55940)	11/19/2001 11:02:36 PM
From: Jerome	Respond to of 70976

>>>Wonder where the drilling/oil service stocks will be next summer<<< Probably a lot higher...Every time we get oil under $20.00 a barrel, something gets screwed up and the price shoots back up. Have you noticed that the gas stations raise prices three times as QUICK as crude prices rise they do the dropping of gas pump prices as crude falls. (must be a different law of physics). What oil companies (or drillers) made good money no matter where the price of crude resides? Regards, Jerome