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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Ken98 who wrote (33677)11/18/1999 7:32:00 PM
From: William JH  Respond to of 99985
 
Ken - Sorry, I can't help wrt to a breakdown by grade. I would think that would be hard to get much insight from anyway. BWDIK

One more thing on crude - There is some tar like heavy crude produced in Venezuela, Canada, and California, that was not economical to refine until new technologies came along in the last few years. This stuff was selling for about $4 per barrel early this year. I've read that it will hardly drain out of a water glass at room temperature, as opposed to the light grades that one could put on a salad (almost).

Regards, Bill