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

To: tdl4138 who wrote (43360)	4/27/1999 2:27:00 PM
From: pz	Respond to of 95453

From today's O&G Journal Excerpts: Despite a recent sharp rebound in oil prices, the damage done from last year's slump will continue to hobble U.S. oil production through 2000. That's the gist of the IPAA supply and demand committee's latest short term forecast. The committee predicts a 7.8% drop in U.S. crude oil ouput to 5.75 million b/d in 1999 and a further 1.7% decline in 2000-the lowest U.S. level in more than 50 years...... -A strong economy and normal weather are expected to hike U.S. energy consumption 2.8%.........and a further 1.4% in 2000. -Total U.S. demand for petroleum products will climb by 1.9% in 1999, paced by residential and commercial use growth, and by a further 2.1% in 2000........ -U.S. oil imports will continue their climb, rising 3.1% in 1999 and 3.2% in 2000 when they will have reached 57% of demand........

To: tdl4138 who wrote (43360)	4/27/1999 2:35:00 PM
From: PartyTime	Read Replies (2) \| Respond to of 95453

Since we're still plugging little guys like NORT, here's more info on my TRGC horse which swept outta the gate only to stagger, kick, moan and fall down like a worn-out mare, to blithering and horrendous murmurs of "Oh no!!!" resounding from the angry, depressed and near-broke investors attended that Creeplechase. Well, the untimely stud is still a tryin' workin' its way back up and runin' again--this time investors hoping it'll become a real Steeplechase. At any rate, here's another investor's viewpoint based on a long meeting with the new CEO of TRGC: Message 9174160