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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Tomas who wrote (5976)	1/14/2002 10:10:02 PM
From: Tomas	Read Replies (3) of 206317

API guesses: Bloomberg survey of 9 analysts Crude oil inventories probably rose between 700,000 and 1.5 million barrels last week. ``Crude oil supplies should rise because refinery runs are down,'' O'Grady said. ``When refineries slow down, crude oil backs up.'' Gasoline inventories probably rose between 600,000 barrels and 1.1 million barrels. Distillate inventories probably fell between 600,000 and 1.2 million barrels. ``At this time of year, you need to get rid of distillate stocks one way or another,'' said Bill O'Grady, director of fundamental futures research at A.G. Edwards & Sons Inc. in St. Louis. In addition to slowing production, ``refiners will offer special deals and retailers will offer incentives for consumers to fill tanks.'' Refinery utilization probably fell about 0.2 percentage point from 90.9 percent of capacity, the survey showed.

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