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Re: Jagman post# 775

Monday, 10/10/2005 4:59:54 PM

Monday, October 10, 2005 4:59:54 PM

Post# of 1197
Jagman,

News would be welcomed; things are now in the doldrums. I believe the entire energy sector is currently undergoing its annual correction.

Part of this correction, however, is compounded this year by the many who have deserted energy, as the $100 oil price they expected did not materialize after Hurricanes Katrina and Rita. In other words, they ran the price up and are now running it down; this has adverse implications on all energy companies.

At the end of next month and into December, I expect a reversal to occur.

JMO on all of the above.

sumisu



PEAK OIL #board-6609
PEAK OIL - SUSTAINABLE LIVING #board-9881
PEAK NATURAL RESOURCES #board-12910
PEAK WATER #board-12656

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