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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (78313)1/18/2007 2:58:01 PM
From: CommanderCricket  Respond to of 206151
 
Chancels,

Thanks for the write up.

CC



To: ChanceIs who wrote (78313)1/18/2007 5:55:13 PM
From: energyplay  Respond to of 206151
 
Thanks for the excellent & useful summary. I expect there will be very little publicity on the "Government contract writers screwed up" angle but more political posturing.

The elephant in the room, or rather not in the room, is many rigs have left the GOM because of Hurricane risk and opportunities elsewhere. This means the GOM production will continue to decline. More pressure towards $100 bbl.