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Re: michael03332002 post# 90199

Saturday, 03/22/2003 6:57:41 PM

Saturday, March 22, 2003 6:57:41 PM

Post# of 704041
I think that the reason that WEL dropped off a cliff was that fact that very few of the oil wells were set on fire. For WEL to have benefitted in a large way, there would have to be many fires to put out. The figures I have heard for the southern oil fields were 10-15 rigs out of 1000. Not much business for WEL there. Sometimes you have to dig further than the headline. Oil wells on fire...is alot different than 1% of the wells on fire. Rob

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