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.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (67640)	4/14/2005 3:04:53 PM
From: GVTucker	Read Replies (3) \| Respond to of 77400

OT, RE: energy prices While I don't see a whole lot of short term relief in gasoline pricing due to serious capacity issues in refining, as far as crude and natural gas is concerned, I think we've seen the worst. Demand in China is slowing, finally, and inventories are building here. Also, the rig count is hitting levels we haven't seen since the late 70's/early 80's. Note that the majority of people in the energy industry don't agree with this assessment. The majority think we're in for a pretty long time of high prices. I tend to think, though, that in any industry insiders have a difficult time seeing inflection points, particularly peaks, and energy is no different.