Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: BigBull who wrote (52236)	10/4/1999 2:34:00 AM
From: Think4Yourself	Respond to of 95453

Bigbull, that Equilon article has been bothering me all weekend and I just figured out why. it's the math. Just 2 months ago folks at Cushing were stomping up and down yelling about how wrong the API numbers had to be. They said all their tanks were full and they had tankers offshore that they couldn't unload because there was no place to store the oil. (see post 48507) Now TWO months later the tanks are half full. What are they going to say TWO months from now?? $25 oil is suddenly starting to look like a floor for prices instead of a ceiling? :-o