SI
SI
discoversearch

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: JungleInvestor who wrote (58480)1/13/2000 10:14:00 PM
From: Roebear  Read Replies (1) | Respond to of 95453
 
JungleInvestor,
NAO currently .11, still only barely positive, not enough to induce warmer weather from this oscillation.
Warmer weather is maybe relative forecast speak, as I am still showing temps at normal (which is colder than this winter so far!) out through Tuesday.

I will settle for normal the rest of the winter, VBG. I haven't completed my check of all my weather sites yet however, will post if any changes.

PS Showing a chance of snow now here in lower Susquehanna Valley in PA for Mon/Tuesday, we have had a whole .1, that's point 1!, so far this winter. Flurries on Sunday. Yippee Skippee!!
VBG

Best Regards,

Roebear



To: JungleInvestor who wrote (58480)1/14/2000 3:53:00 AM
From: dfloydr  Read Replies (1) | Respond to of 95453
 
Jungleinvestor, Someone posted a great link to a chart showing the historic range of crude oil inventory as a broad blue band with a black line showing 1999 inventories superimposed, with current plots being right along the bottom edge of the blue band.

What I noted, besides the present very low inventory level, was that inventories trend upwards from early January through about March. I wish I could find the link to include it here. Point being: we are likely, as a normal course of events, to see inventories move up from these levels.

Perhaps someone in the industry can throw in some explanation for this ... building crude inventory for summer gas? Who knows? But upward trending crude inventory for the next three months should not surprise us.

Now if OPEC keeps on the screws and that black line starts to trace along way outside of that blue range ... woa, we'll be looking at some real news!