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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Big Dog who wrote (49178)8/11/1999 10:05:00 AM
From: JoeDi1213  Read Replies (1) of 95453
 
Keep your eye on unleaded stocks DOE have us at 201.0 mln about 14 million lower then this time last year. Two years ago stocks were around 195 mln. and unleaded at 75 cents on the board. If demand stays strong, I believe that unleaded is going to stay tight for the rest of the year supporting crude. There are some that believe that stocks under 200 million starts to stress the system. PADD 5 unleaded stocks already under stress with CARB trading in the 90's. Major refiner in PADD 5 which may be a good play is TSO
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