SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (25036)7/1/1998 6:59:00 AM
From: Lucretius  Read Replies (2) | Respond to of 95453
 
not long Asia, just Japan. (which coincidently was up another 3.3% last night!) Weakness in oil prices is a weather phenom. not an asian one IMO. The current unusual heat (gas is already up becasue of utility use), extra driving, and the bitter cold of this winter will bring prices back in line.

Been a driller bull for long time just haven't owned them for several months. I still love NE, great company and look forward to owning a sizeable positin again soon, but not now.

-Lucretius



To: SliderOnTheBlack who wrote (25036)7/1/1998 12:00:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 95453
 
Excellent analysis Slider! I think Asian oil demand is the key to the oil patch sector and I think that you are correct in pointing out that the drillers will lead, not follow Asian profits. And I believe that Japan will follow, not lead, the rest of the Asian Pacific economies.

TTFN,
CTC


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News