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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Dennis Roth who wrote (41813)4/20/2005 10:58:52 AM
From: Dennis Roth  Read Replies (2) of 206325
 
U.S. commercial crude oil inventories dropped by 1.8 million barrels from the previous week, the
first weekly drop after nine weeks of consecutive builds. At 318.9 million
barrels, U.S. crude oil inventories are at the upper end of the average range
for this time of year. Total motor gasoline inventories fell by 1.5 million
barrels last week, putting them at the upper end of the average range.
Distillate fuel inventories remained unchanged last week, and are now near the
middle of the average range for this time of year. A decline in low-sulfur
distillate fuel (diesel fuel) last week counterbalanced a build in high-sulfur
distillate fuel (heating oil). Total commercial petroleum inventories decreased
by 1.2 million barrels last week, but remain in the upper half of the average
range.

For the rest of the report see:
eia.doe.gov.

But don't worry, inventory levels don't matter,
as many people have tried to explain to me for the last
few weeks. <ggg>



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