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Gold/Mining/Energy : Range Resources (RRC) -- Ignore unavailable to you. Want to Upgrade?

To: doug doan who wrote (36)2/24/1999 3:24:00 PM
From: Bucky Katt  Respond to of 82
 
Everyone has an opinion on OPEC, but no one knows anything concrete. They all cheat anyway, so who cares what the heck they say?

All I know is when the debts of the OPEC nations become a problem for the western banks, oil will increase in price. That is my take on it. I try to keep it simple.

And, I like oil/gas here in North America, not anything south of Mexico.



To: doug doan who wrote (36)2/25/1999 9:13:00 AM
From: Bucky Katt  Read Replies (1) | Respond to of 82
 
RESEARCH ALERT-Salomon ups nat gas price forecast
NEW YORK, Feb 25 (Reuters) - Salomon Smith Barney's natural gas analyst, Thomas Driscoll, raised his forecast for the average price of natural gas in 2000 to $2.75 from $2.35 per million British thermal units (mmbtu), his office said Thursday.

The forecast is based primarily on a falling drilling rig count, which has cut the number of wells drilled and will curtail future production.


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