Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Gameboy who wrote (31112)	10/25/1998 3:09:00 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

Gameboy - ? I lost all of my bookmarks due to a new software load gone bad... But, somewhere I remember reading an article that broke down the demand and use numbers related to the El Nino winter. The article very succinctly explained and documented that the excess supply was allmost ENTIRELY due to the decreased demand/use from a historically mild winter; and that the reduced Asian demand theories were greatly exaggerated. The article went on to lay out the numbers showing that the mere return to a historically normal winter, would totally balance the supply/demand imbalance. Does anyone have a link to this article ? With all the controversy concerning the validity of the EIA/API #'s not matching etc; including a GAO investigation; an very real possibility of the entire picture changing exists... It could get real interesting in Novembers OPEC meeting. I'm extremely Bullish longterm here; but do to the incredible amount of variables from OPEC, to trusting the Supply #'s, to Crude Oil Trader manipulation, to Tax Loss selling, to a Clinton Full Impeachment...I'm keeping some cash & just trading here.

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