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

To: HH who wrote (14481)3/11/1998 2:51:00 PM
From: Big Dog  Read Replies (2) | Respond to of 95453
 
Here is another thought for the oil price discussion:

Do you guys think that maybe oil companies sold a certain portion of their future production forward back when oil prices were in the high-teens or twenties. If so, they don't give a hoot about the price, they already have sold. (It's called hedging.)

dog



To: HH who wrote (14481)3/11/1998 7:42:00 PM
From: NucTrader  Read Replies (1) | Respond to of 95453
 
I, ah, find, that Maria usually moves me more than my stocks.......


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