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

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To: SargeK who wrote (40758)3/24/1999 1:21:00 PM
From: Think4Yourself  Read Replies (1) of 95453
 
NEWS FLASH!! (Atlanta) A GSC Energy Corp trader was rushed to the hospital today to have his foot surgically removed from his mouth after making idiotic statements to Doomberg!!

"I'm skeptical of the API number because it's not the
driving season yet and yet they're saying demand is more than 9
million barrels,'' said Jason Chartrand, trader at GSC Energy
Corp. in Atlanta. ''Sure, all year we've had pretty good demand,
but the inventory decrease is because refineries'' have reduced
output, he said."

Even a novice like me can see products went down muchmore than crude went up. EIA numbers essentially confirm API - depletion accross the board. Padd V actually not down as much as average.

ftp://ftp.eia.doe.gov/pub/oil_gas/petroleum/data_publications/gasoline_watch/current/txt/gassuply.txt
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