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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: RGinPG who wrote (12673)2/24/1998 12:51:00 AM
From: The Perfect Hedge  Respond to of 95453
 
>>>eventually I WILL be rewarded.<<<
That's the key sentence.Ilike I said before Pecan Grover we're goin down.
c'mon OPEC save us!!
GD



To: RGinPG who wrote (12673)2/24/1998 1:17:00 AM
From: waverider  Respond to of 95453
 
Ron, your chart of the week stuff is OUTSTANDING. What an interesting picture. What strikes me the most is how this recent run has had very little to do with the price of oil. It is based on the long term trend of short rig supply and demand. We are still there and will be for quite some time to come. When the market realizes this...

Cigars anyone?



To: RGinPG who wrote (12673)2/24/1998 7:55:00 AM
From: marc chatman  Read Replies (2) | Respond to of 95453
 
RG, cnbc has been ranting the past couple of days about oil hitting its lowest prices in 20+ years. But if your chart is correct, and oil has hit $12.50 in the past 10 years, then cnbc is way off base (wouldn't be the first time).

Are these apples and apples, or am I missing something? Maybe the difference is between spot and futures or something else.


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