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


To: Bazmataz who wrote (14449)3/11/1998 12:13:00 PM
From: Czechsinthemail  Respond to of 95453
 
Bazmataz,
Actually, you may be on to something. Given the amount of oil floating around, there may be an opportunity in oil storage. Anyone know companies offering/building oil storage facilities. That could be the hottest sector at the moment.
Baird



To: Bazmataz who wrote (14449)3/11/1998 12:48:00 PM
From: Tulvio Durand  Respond to of 95453
 
Storage space is the problem. A lot of money could be made if one could store cheap $14 oil for later sale. The refineries are storing all the oil for which they have space. Problem is that there's no more storage facilities available. The US should refill its Elk Hills strategic oil reserve, which it sold to some oil company a couple of years ago. Write to your US Congressmen. Tulvio