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

To: mph who wrote (22791)5/24/1998 11:41:00 PM
From: Czechsinthemail  Read Replies (1) | Respond to of 95453
 
mph, Check the Noesis discussion of oil prices in California. It details why price competition has been reduced and prices remain high:
oil-gasoline.com
Baird



To: mph who wrote (22791)5/25/1998 12:03:00 AM
From: upanddown  Read Replies (2) | Respond to of 95453
 
mph:

There was gas selling for less than a buck in SC earlier this year.
It was only for a few short weeks and Arco was the only major under $1. The cheapest I saw was 95.9 for regular at a Arco station in Pasadena. That is all just a pleasant memory now as gas has probably jumped 15-20 cents. Of course, as driller people, we want higher gas prices from higher crude prices which will then convert to higher stock prices, right ?

John


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