Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Howard Frederick who wrote (45219)	5/21/1999 12:59:00 PM
From: Think4Yourself	Read Replies (2) \| Respond to of 95453

Your point is well taken, but not likely to occur. FLC has a lot of GOM jackups that will go back to work soon. Natural Gas supplies would go down by over 67% in 3 years assuming no drilling and the 25% depletion rate knowledgeable posters quote. But IF that happens, I will be so rich from my natural gas holdings, that I would not mind donating my FLC shares to charity. of course there is some drilling going on now, but not enough, ESPECIALLY given the fact that Natural Gas is becoming the preferred fuel for electricty generation.