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Post# of 495952
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semi_infinite

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semi_infinite

Re: brainlessone post# 3522

Monday, 01/27/2003 4:15:57 PM

Monday, January 27, 2003 4:15:57 PM

Post# of 495952
yes as long as the economics departments of the majors thinks that $32 holds over the longer term. That is the problem -- I will bet you that the E&P folks gets a price forecast from headquarters that says make it profitable at $22 or some such number significantly below $32.

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