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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: upanddown who wrote (71350)8/22/2000 1:43:20 PM
From: BigBull  Read Replies (2) of 95453
 
OK John, what do you think the build will be? I'm thinking we don't see a lot of that extra Saudi crude until sometime in Sept., so maybe the API guessers are right? My guess, and it's only a guess is that the refiners have made the switch to HO and we may see a bigger than anticipated draw in gasoline.

At any rate, we've been seeing that country after country simply has no production capacity left. So, if we do get a big build in crude it will be either all Saudi oil showing up or a reduction in refining.
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