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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Razorbak who wrote (74760)9/26/2000 10:08:34 PM
From: Tomas  Read Replies (1) of 95453
 
"Some 400,000 barrels of daily refining capacity need to shut for maintenance around now, even as heating oil stocks remain low. The level of maintenance is higher this winter than it has been in the past.
These guys just didn't do the work this spring."

Refineries delayed maintenance shutdowns, choosing to keep pumping out gasoline as the U.S. price rose to a record during the week ended June 19 and remained near that level.

Gordon Ramsay, an oil analyst at Salomon Smith Barney
Bloomberg Energy, September 26
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