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


To: Amelia Carhartt who wrote (24131)6/15/1998 1:32:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
yes.



To: Amelia Carhartt who wrote (24131)6/15/1998 1:52:00 PM
From: sand wedge  Read Replies (2) | Respond to of 95453
 
Does anyone here believe there will ever be an end to cheap oil?

While it seems hard to beleive at these prices, oil is after all, a finite commodity. I know this doesn't meet alot of peoples short term goals, but oil can not and will not stay this cheap forever. Since alternate fuel research isn't as hot as it was in the late 70's and 80's, I feel confidant about my projection. When will it go up? Who knows... When the oil rich countries stop vying for a short bucks and look to captialize on their assets long term, I guess.

Patience, I hope, will be rewarded