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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (453968)2/4/2009 10:46:05 AM
From: tejek  Read Replies (1) of 1574096
 
I check out the weekly oil inventory report........this is this AM's report. Roughly two months ago, demand for gas was down 2+% YOY. Slowly, demand has started to improve.......now down only .5% YOY. Oil won't stay at $40 forever.

"Total products supplied over the last four-week period has averaged 19.5 million barrels per day, down by 2.8 percent compared to the similar period last year. Over the last four weeks, motor gasoline demand has averaged about 8.8 million barrels per day, down by 0.5 percent from the same period last year. Distillate fuel demand has averaged about 4.1 million barrels per day over the last four weeks, down by 3.7 percent from the same period last year. Jet fuel demand is 13.1 percent lower over the last four weeks compared to the same four-week period last year."
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