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

To: SliderOnTheBlack who wrote (36984)2/7/1999 1:05:00 PM
From: Ahmed Elneweihi  Read Replies (1) | Respond to of 95453
 
How come I never see SDC mentioned in this thread, even though it seems to have much better relative strength than most drillers? For example, in the last wave down, it did not go anywhere near its bottom.



To: SliderOnTheBlack who wrote (36984)2/7/1999 2:26:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
Slider:

This site projects that global oil production will peak during the first decade of the the next century and begin an inexorable secular decline accompanied by huge price hikes. They are looking for an energy crisis far more severe than the 1970s within a decade. These guys had an article published in SCIENTIFIC AMERICAN, so they are not crackpots.

Would really appreciate your reaction to their thesis.

hubbertpeak.com


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