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

To: gizelle otero who wrote (40717)	3/24/1999 7:58:00 AM
From: Samuel J. Bennett	Respond to of 95453

Many of you are long winded including George from Noesis(I sent him a reply) pertaining to future Oil prices. Prices are going much higher over the next two years. As an "Arabist", I can tell you that these cutbacks are necessary to the survival of the Opec nations and the SA countries. Saudi Arabia is in control and they know it. The west, Europe and Asia are doing better than them...Cutbacks will insure a more stable progressions of improvement and the begining of $$$$$$ going to Swiss Banks. I've been in "OILS" ( I participated in drilling activities of 7 wells in the US) since 1971 and remember $3 oil. Notice how every Media report states the negative. They all look for non-compliance among OPEC. THEY ARE WRONG!!! sam