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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (7061)3/10/2005 10:42:08 AM
From: Ken W  Respond to of 23958
 
Ditch

"I think crude has been pushed too high by traders".

Exacamondo!! Bubbles are bubbles, whether in Inut stocks, real estate or oil. When it comes down, it will be hard. Exxon is touting 29 billion in free cash flow. Remember MSFT and its cash horde? Just a matter of time before someone gets the idea that all the cash should be shared...after all we are slowly becoming a socialist state so why should the big guys get all the perks. It should go to help all those poor people that have never had a job....you know, to pay for their childern out of wedlock, aids, and all the other social ills that plauge the have nots. LOL

Ken



To: Ditchdigger who wrote (7061)3/10/2005 12:43:25 PM
From: Ken W  Respond to of 23958
 
Ditch

Back for some traders in BHMNF at 1.96..they filed a 6k this morning issuing a couple million options to indivduals and officers...at 2.48 per excer!! Interesting that they are underwater on issue. Anyway took the op to get some below 2.00..LOL

Ken



To: Ditchdigger who wrote (7061)3/11/2005 1:44:22 PM
From: Galirayo  Respond to of 23958
 
Canada Rigs sure slowed down. .. Baker Hughes-US rig count down 8, Canada down 152
Fri Mar 11, 2005 01:10 PM ET
NEW YORK, March 11 (Reuters) - The number of rigs searching for oil and gas in the United States fell by eight to 1,282 in the week ended Mar. 11, oil services firm Baker Hughes said on Friday.
During the same week last year, there were 1,134.

yahoo.reuters.com



To: Ditchdigger who wrote (7061)3/11/2005 2:56:36 PM
From: Galirayo  Read Replies (1) | Respond to of 23958
 
Back on the Rig Count. What did those 160 Rigs find?

N. A. rig count falls 8.5% for week
Baker Hughes tallies North American total at 1,723
By Carla Mozee, MarketWatch
Last Update: 2:02 PM ET March 11, 2005
E-mail it | Print | Alert | Reprint | RSS

SAN FRANCISCO (MarketWatch) - The number of rigs drilling for oil and natural gas in North America dropped by 160, or 8.5 percent, to 1,723 in the week ended March 11, according to Baker Hughes Inc.




To: Ditchdigger who wrote (7061)3/21/2005 6:44:04 PM
From: LAWRENCE C.  Read Replies (1) | Respond to of 23958
 
DD, Unfortunately the US economy uses a lot things which are produced from oil like gasoline, heating oil, diesel, avaition fuel, plastics, etc.
Yes, oil prices are high. I'm afraid over time they are going higher. We keep hitting new highs. I think there is over a 90% probability of breaking $60 oil mark before the end of June (possibly a lot sooner). I would prefer a slow rise but the price is likely to be volatile both up and down.

"NEW YORK Mar 21, 2005 — Oil prices retreated after surging above $57 a barrel Monday as the record-breaking rally over the past several days lost some momentum. "
abcnews.go.com

"April gasoline futures climbed 0.95 cent (U.S.) to $1.585 a gallon on the New York Mercantile Exchange Monday afternoon. "
theglobeandmail.com
Lawrence