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

To: ItsAllCyclical who wrote (63174)	3/28/2000 5:18:00 PM
From: kormac	Respond to of 95453

From Rig board on Yahoo Crude down 1.236 mil bbl Gasoline up 299,000 bbl Distillates down 1.62 bbl Refineries operate higher 90.4 vs 90.1 As Joe would say, more in a minute, I also have Bridge, but JoeDi is much better at this as he has reduced inventory by 40mil + EDIT:http://messages.yahoo.com/bbs?action=m&board=7084345&tid=rig&sid=7084345&mid=12920 Crude stocks excluding PADD5 down 1.760 million PADD1 Heat stocks -.357 million PADD1 Gas stocks +1.02 million Implied gas demand 8.4 vs. 8.1 Implied heat demand 3.74 vs 3.75 Crude stocks 291,950 vs 341,310 last year Unleaded stocks 198,533 vs 215,995 heat stocks 102,072 vs 126,604 Crude imports 7.816 vs 8.406 last week Product import 2.372 vs 2.169 AGA guess for tommorrow from Bridge draw of 40 to 50 bcf Access I cannot get a crude quote, and bridge says the Access trading session has hit a technical snag. API considered neutral but very supportive, and the data could boost the petroleum mkt. regardless of the OPEC meeting and possible hike. Notes from me: 1. S.A. said at the beginning of March that the U.S. would receive less crude exports, so notice the import crude figure from last week. 2. Heat stocks look weak, and it better not get cold in April 3. Gas demand looks strong already, and we recently, have not been importing gasoline from Rotterdam, etc.(see product import) U.S. refineries should handle the bulk of our needs, refineries need to hit 93%+ Man, We owe JoeDi, thanks, this data is presented oddly by bridge, and this is alot of work, Cheers to JoeDi. I hope I did alright.