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

To: Teddy who wrote (17053)	3/29/1998 9:04:00 AM
From: HH	Read Replies (1) \| Respond to of 95453

This just in from Noesis: "There are reports out that OPEC is meeting on Monday to discuss reducing crude oil production. Expect cooperation. Most producing countries are probably in a position of being forced to cut back production anyway because there simply is no place to put the crude oil!" PS A friend of mine is a smallish producer , kind of a bottom feeder, and I asked him recently how his deals were working. He gave me the analogy that the big producers (SA,Ven,Mex, et al) are behaving like a school of fish that just saw a huge predator swim by. As for his business, he just laughed stoically and said that he was just chum in the water. ugh HH