Strictly: Drilling and oil-field services Message Board

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

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To: ItsAllCyclical who wrote (57227)	12/21/1999 5:56:00 PM
From: ItsAllCyclical	Read Replies (2) of 95453

How much lag time is there between usage and DOE and API #'s? I would have thought with the cooler weather we would have had better API #'s. I was guessing there was about 1 week of lag. Does anyone really know how these numbers are derived? API #'s I know are voluntary. They just don't seem to follow much of a weekly pattern. Still buying. I don't think there is much risk to holding oil stocks during the y2k switch-over, but there is potentially some nice upside if there are ANY disruptions and the media puts the spotlight on them.

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