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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (4840)3/17/1998 5:19:00 PM
From: Doug  Read Replies (2) | Respond to of 24921
 
Kerm/Oil Prices: I believe egos are at stake. The Saudis are going to
open up further till the Venezuelans come begging to stop. It is estimated that may take 6 months of bleeding right down to the $10 level.



To: Kerm Yerman who wrote (4840)3/17/1998 7:47:00 PM
From: Serge Collins  Respond to of 24921
 
Kerm/ Venezuela

Kerm, I agree with you about Venezuela being the key. I do think they have a good point though when they say that non-OPEC countries are not very co-operative and their behaviour has lead to this decline.

PS. It could be worse. Look what's happening to the gold sector with Royal Oak and Echo Bay making very negative announcements today.


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