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

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To: BigBull who wrote (75947)10/10/2000 5:52:42 PM
From: BigBull  Read Replies (1) of 95453
 
API analyses from yours truly.

OK IF the DOE's confirm api's then what have we got on our hands? Disaster.

Here's last weeks DOE charts:

Aggregate and Crude Stocks:
eia.doe.gov

Rolling over about a month too soon on aggregates. Crude? No seasonal build. Going in the "wrong" direction. Heading towards lower operational levels, all with OPEC pumping at full capacity.

Distillates/HO:
eia.doe.gov

All I can say is Uh Oh!

Gasoline:
eia.doe.gov

About the only product following seasonal pattern, but still in the lower end of the range.

Is Gore toast, or what?
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