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

To: SliderOnTheBlack who wrote (38981)	3/4/1999 11:40:00 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 95453

Slider, the last couple of days natural gas purchasers have begun to raise their quotations to purchase some of our natural gas out in the April Month. Usually the Spring sees slack natgas demand and prices. And purchasers' prices firm in the Summer say usually July/August in anticipation of fall demand. Was this April uptick an anomoly, or just a whiff of lessened gas supplies? I do not know -too soon to tell....

To: SliderOnTheBlack who wrote (38981)	3/5/1999 12:06:00 AM
From: Bald Eagle	Read Replies (1) \| Respond to of 95453

SOTB, I like your style. I own a few drillers, DO, GLM and MRL. I also have SESI and XON. If there is one sure thing about the oil industry, it's that there are no sure things. I remember in 1981 when many were forecasting $100 per barrel by now! I've been in the business for over twenty years and I love the unpredictability. Personally, I wouldn't be at all surprised to see $18 per barrel very soon. I also wouldn't be shocked to see $10 per barrel, either! However, I'm putting my money on $18 before $10.