SI
SI
discoversearch

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.
Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO) -- Ignore unavailable to you. Want to Upgrade?


To: Charles A. King who wrote (8517)1/20/1998 9:12:00 AM
From: Charles A. King  Read Replies (3) | Respond to of 13091
 
This is the time to drive to Charleston.

charleston.net



To: Charles A. King who wrote (8517)1/21/1998 6:11:00 PM
From: Michael T Currie  Respond to of 13091
 
> I believe I saw someone in the business media state that OPEC oil touched 14.17 one time last week before closing around 16.

Yeah, but Zeev asked about West Texas Intermediate. You got to pay a little for transporatation from the Persian Gulf <g>.

> The Alan Abelson column I read in Barrons said last year the IEA's estimate for world wide oil supply was 45.6 million barrels a day. After 11 months and 6 different corrections, that number became 44.1, at drop of 1.5 million barrels a day. You gotta believe somebody when they use 3 significant figures. ;-)

I'll take your word for it, but it doesn't sound like the right figure - more like an order of magnitude off. I'll try to check it out.

> Some states like Florida and California don't want offshore fields to ever be developed. Other regions such as Central Asia have other political difficulties in developing infrastructure to move the crude to markets.

Tell me about it. I have either personally experienced or personally witnessed the problems in both the Caspian and in Viet Nam in getting things done. It doesn't help that BP's hydrocarbons in offshore Viet Nam are gas. Market problems galore.

> Mike, instead of Pau, wouldn't you prefer to lunch in Central Asia? HA!

They tell me Baku is becoming pretty cosmopolitan. I guess it's relative to the gunfire of a few years back. Tell you what. Just so you and Ron don't feel too bad, I'll let you know next time I go to Luanda (capitol of Angola). Now there's a paradise <extremely small, sad grin>.

Mike