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To: ItsAllCyclical who wrote (56370)	12/7/1999 6:33:00 PM
From: Wowzer	Respond to of 95453

From JoeDi123 of the RIG Yahoo message board More API by: JoeDi123 12/7/1999 6:29 pm EST Msg: 10123 of 10123 Imply distillate demand 3.39 vs 3.8 last week Imply Gas demand 7.22 vs. 8.92 last week PADD 1 gas stocks up 3.0 million Padd 1 Heat stocks down .2 million Crude stocks excluding PADD 5 +.9 million Crude stocks 300,572 vs 335,374 last year Heat stocks 136,636 vs. 151,141 last year Gas stocks 199,356 vs 207,601 last year Crude imports 8.906 million vs 7.3 last week Product imports 1.407 million vs. 2.105 Crude 2567a down 55 Gas 7145a down 147 Heat 6455a down 115 Not sure I believe the gas build just yet as gas imports were half of last week and refinery rates unchanged. Did you all stop driving and return so gas to your local dealers? Remember please send me your questions for RIG. I'm going to submit thm around noon tomorrow. So far thanks for all your help

To: ItsAllCyclical who wrote (56370)	12/7/1999 6:36:00 PM
From: Broken_Clock	Respond to of 95453

Just thought I'd comment here.... 1.Slider's predicted 300 mil barrel rally was delayed by the skin of the bears' teeth.-g- 2.If crude sells off on this report, then Clinton can forget OPEC helping out. More API by: JoeDi123 12/7/1999 6:29 pm EST Msg: 10123 of 10123 Imply distillate demand 3.39 vs 3.8 last week Imply Gas demand 7.22 vs. 8.92 last week PADD 1 gas stocks up 3.0 million Padd 1 Heat stocks down .2 million Crude stocks excluding PADD 5 +.9 million Crude stocks 300,572 vs 335,374 last year Heat stocks 136,636 vs. 151,141 last year Gas stocks 199,356 vs 207,601 last year Crude imports 8.906 million vs 7.3 last week Product imports 1.407 million vs. 2.105 Crude 2567a down 55 Gas 7145a down 147 Heat 6455a down 115 Not sure I believe the gas build just yet as gas imports were half of last week and refinery rates unchanged. Did you all stop driving and return so gas to your local dealers? Remember please send me your questions for RIG. I'm going to submit thm around noon tomorrow. So far thanks for all your help

To: ItsAllCyclical who wrote (56370)	12/7/1999 6:41:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 95453

JIM OSX has already discunted a lot of bad news. I have said that bad news was on the way and maybe this is it. Oil and oil products may take beating tomorrow but I doubt the OSX will.

To: ItsAllCyclical who wrote (56370)	12/7/1999 6:47:00 PM
From: SliderOnTheBlack	Respond to of 95453

API's Y2K builds ? - hey, why shouldn't we rally on bad news ? C'Mon EIA gas expected to be up, crude flat - not bad, not good - but we are in a pre Y2K build period; certainly this blow off in E&P's can absorb those #'s fundamentally. In the OSX - it isn't about "the price of Oil" any longer anyway - or we'd be at OSX 160 right now... Cap Ex spending numbers & comments are very positive looking into 2000. If crude sustains and it will; we will see substantial budget increases after Q2 2000 as well. Who the hell knows what happens tomorrow - why shouldn't we rally off of this - we don't rally on good news ? CNBC; on Yahoo they just showed a comparison on multiples of individual unique user valuation, sales, earnings multiples etc - it's basically 10 x the multiples of AOL LYCOS & it's competitors etc... its time will come. Congrats to those who have held thru here; but how the hell do you wake up and not sell ? oh well,my OEI only has to go to $20 to match what I missed on Yahoo... sad thing, is they could do $3.00 cfps in 2000 and that would only take a cfps multiple of 7 - well within its historic range. Who knows ? Yahoo today OEI tomorrow (VBG)? ... hey, a guy can dream can't he ? Rotation has to be on the minds of the mo-mo crowd. The analysts are all saying the same thing - they can't believe it. I also think that the "gun" goes off for the end of the 4th qtr & the game ends come Fed rate hike time... they are in the 2 minute warning of the 4th qtr - I hope they know it...

To: ItsAllCyclical who wrote (56370)	12/7/1999 7:45:00 PM
From: Roebear	Respond to of 95453

JimL, Ugly API, this is what I feared with all the warm weather we have had. This weeks cold snap (forecast last week) had no snap although it was better than last years near tropical period. That along with the divergence of OSX (E&P's too) from crude made my out decision. I don't believe the gas figures either, perhaps DOE will mitigate them. I will be looking forward to seeing the NG figures this week. I am getting angry at that NAO (silly of course), we need to get that blocking high up and running in the Iceland area, allowing a weather pattern to work with La Nina to get some cold east coast weather. US temperature patterns are looking very La Nina, but Atlantic wind patterns are not helping East Coast! I still think the odds of a turn for the better (colder in East) are good Jan-Feb but not short term here in Dec. Best of Luck all, Roebear

To: ItsAllCyclical who wrote (56370)	12/7/1999 8:51:00 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

Common sense says the numbers are bogus IMHO. Think about this for a minute. Total stocks have been going down 3-7 million barrels a week for 2 months. Now as crude stocks were about to go below 300, on the heels of an incredible propaganda campaign by the press and analysts, stocks mysteriously go up 12 million barrels in one week? BULLS%$T!!! It's not weather related either. How was last week substantially different from the 8 weeks before it?? The API numbers are reported voluntarily, and even the DOE doesn't do anything if companies misreport. There is no way in HE## I believe these numbers are accurate. This is even more ridiculous than the 300 million "missing barrels". Unfortunately the ridiculous appears to be par for the course in this industry.