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

To: marc chatman who wrote (31777)	11/13/1998 9:44:00 AM
From: Wallace Rivers	Read Replies (2) \| Respond to of 95453

Would anyone on the thread care to suggest a source for good, continuous, RTQs? Looking for good price/value, don't need all the bells and whistles.

To: marc chatman who wrote (31777)	11/13/1998 10:36:00 AM
From: Tomas	Read Replies (1) \| Respond to of 95453

The Oil Daily: Oil Output Set to Reach 47-Year Low Low prices will sink U.S. crude oil output in 1999 by 1.3% to 6.27 million b/d, its lowest level in more than 47 years, widening the gap between supply and demand and making way for a surge in imports. That was the message presented by the Independent Petroleum Association of America in its latest annual short-term forecast. While higher Gulf of Mexico production is expected to offset a decline in Alaska, it won't be enough to compensate for output declines in the continental United States. Assuming normal weather, demand for petroleum products is set to rise 1.5% next year to 19 million b/d. Imports will offset the balance, reaching nearly 56% of total demand next year. U.S. gas production is expected to reach 19.3 Tcf, about 1% higher than this year, while demand should rise 2.4% to 22 Tcf, the highest level since 1973.