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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (4669)11/30/2001 11:17:24 AM
From: t4texas  Respond to of 36161
 
good article! thanks.



To: Frank Pembleton who wrote (4669)11/30/2001 11:49:29 AM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 36161
 
Yeah, good article frank and interesting to note that they are price competitive @ 8-10 range with Tar Sands production which is @ the high end of that range. Politically and economically this spells real trouble for House of Saud since 18$ oil doesn't crush the economies of the worlds importers while allowing say Russia and Canada to compete profitably.

regards
Kastel

PS I have a low bid in for RAX.TO but I won't chase it like Husky. You know what happened there :o(
Also interesting how gold dropped fast at about 10:30. Didn't we see this as a pattern before ?



To: Frank Pembleton who wrote (4669)11/30/2001 1:22:43 PM
From: isopatch  Respond to of 36161
 
Frank. Eye opening article on private oil biz in Russia. Thx./eom