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

To: Bobby Yellin who wrote (4848)	3/18/1998 10:14:00 AM
From: Doug	Read Replies (1) \| Respond to of 24921

Bobby: Oil reserves are being depleted at the rate of 7-10% per year but hopes are being pinned on alternate fuels. The oil producers are losing heavily at the moment thanks to their egos.Cooperation is an unacceptable word amongst them .However, History has shown that all ego's breakdown at some point. I think in another 2 months we will have seen resolution of this crisis. Unfortunately, the common man in the Oil producing countries has not a clue about global demand, oil economics, market share etc. His radio keeps blaring away that the other Guy is to blame whilst quietly unknown to him the Main valve on the Dockside is opened full. That indeed is the plight of the poor. Gas indeed may see better pricing mainly because Utilities in the U.S are considering Co-Gas generation.