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 : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Area51 who wrote (16989)	2/16/1998 2:45:00 AM
From: Getcher	Read Replies (1) \| Respond to of 50167

Garry, I got a "Investment Scam Junk Mailer" (I call it this, because it is a 20-page type advertisement meant to whet your whistle to buy their newsletter -- scam) recently. This Schmoe was calling for Oil to rise to $50 a barrell in the near future because demand would quickly outweigh supply!! I believe he's nuts ... putting it lightly. I see Ike's Oil targets and can't see oil much below $14 a barrell. Would love to know the relative off-shore cost per bbl, as well as the on-shore american cost per bbl. and Alaska cost per bbl. I can't see us allowing our own internal suppliers to be hurt. Something (what I do not know ... war of some nature) will be done to preserve our home-based suppliers. Please post if you have knowledge of these relative average prices. Getcher