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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (433766)	11/7/2008 5:58:36 PM
From: combjelly	Read Replies (1) \| Respond to of 1573857

"At 50/bbl oil I doubt it has a chance." It won't stay there.

To: Jim McMannis who wrote (433766)	11/7/2008 6:06:52 PM
From: i-node	Respond to of 1573857

>> At 50/bbl oil I doubt it has a chance. I don't think anyone sees the current price as a long-term thing. Just this week we have received two contracts for drilling leases, so someone believes oil isn't going to stay down.