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

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To: CommanderCricket who wrote (41443)4/7/2005 8:16:48 AM
From: Dennis Roth  Read Replies (1) of 206325
 
Michael
The Raymond James weekly DOE Petroleum Inventory Update usually contains charts that help put the inventory numbers into perspective.
raymondjamesecm.com

Only heating oil inventories are unusually low, and heating season is over.

As you pointed out motor gasoline demand is up only 1.9 percent
over last year, and I think we are going to see that consumer demand this summer will prove to be more elastic and sensitive to price than the cassandras would have yopu believe.

BTW, they've posted a new Energy Monthly for April. For some reason they never posted one for March.
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