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


To: Big Dog who wrote (26060)7/20/1998 7:38:00 PM
From: sand wedge  Read Replies (1) | Respond to of 95453
 
the puppy said: <<I'm not saying business will not be good in the future. All I am saying is it ALL depends on the price of oil -- which I "feel" will be going higher and therefore fulfill the expectations you have for the industry -- but not for the reasons you outline.>>

There is only one reason that oil prices will definitely go up at some point. Simply put, Supply and Demand. I haven't seen any dinosaurs lately, have you? The real problem here is patience and investment styles. If your a long term investor, this worm will turn as sure as the sun comes up.