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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine)

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To: S.JAY who wrote (647)3/13/1998 6:22:00 AM
From: Deca Row  Read Replies (1) of 2282
 
F.W.I.W.

PRICES IN THE SOUTH FLA. AREA ARE AT 96.9 REG AT THE LOWEST STATIONS
( RACETRACK ) NEXT LOWEST IS HESS OIL AT 98.9 AND WILL BE DROPPING SOON. AS PRICES DROP, GAS USAGE WILL INCRESE HEAVILY. I CURRENTLY WORK FOR HESS OIL'S TERMINAL OPERATION IN FT. LAUDERDALE. WE'VE SEEN THIS PAST WINTER SEASON TO BE THE SLOWEST EVER IN RECENT HISTORY. CANADIAN $ VS. U.S. $ THE EXPECTED CULPRIT. OUR GAS DISTRIBUTION LOAD COUNT SINCE MID FEBURARY HAS INCREASED BY 20-25%. THIS IS USUALLY A SLOW DOWN PERIOD FOR US. THE LOWER OIL GOES THE HIGHER THE DEMAND FOR IT WILL BE. IMHO
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