Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO) -- Ignore unavailable to you. Want to Upgrade?

To: Charles A. King who wrote (10254)	12/3/1998 12:32:00 PM
From: Charles A. King	Respond to of 13091

In remarks to security analysts, the CEO of Texaco says Texaco expects West Texas Intermediate crude to average $15 a barrel in 1999. It is around $11 now. texaco.com He expects it to return to the lower part of its historic range of $17 in year 2000. He said the average price in the first 9 months of 1998 averaged $14.89, almost $6 lower than 1997 levels. He says he expects a broad based economic recovery to start in Y2K with some possible indications of bottoming now. Price induced capital expenditure cuts being taken now will show up as some supplies being reduced in Y2K as world demand increases. He expects continued OPEC restraint even as Iraq is able to increase production. Charles