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To: Roebear who wrote (55117)11/20/1999 12:12:00 PM
From: BigBull  Read Replies (3) | Respond to of 95453
 
Roebear, Will do. Cold weather is a kind of double edged sword. Yes, it will help ho and ng sales, but it tends to depress gasoline sales. Have you seen the gasoline demand stats? Imo, pretty incredible that we are getting "summer peak season" demand numbers. I'll take 'em.

Imo the key to world wide crude stocks is economic activity, not weather. Give me a booming world economy and you can have all the warm winters you want. <g> People are still talking about OPEC which surprises me. I keep posting these economic stats from Europe and Asia and it's like I'm talking to a brick wall. Well pretty soon the pundits will be getting hit on the head with a 2 x 4. I'm predicting that over the next few months world wide crude stocks will begin an alarming decline. It will be caused by a rockin' world economy. The weather will largely be irrelevant.

As always JMVVHO

Bull