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To: IceShark who wrote (13030)8/22/2000 8:40:39 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i saw it in the meantime...what's especially worrisome is the decline in distillates. there's a major storm brewing on that front.
incidentally an actual tropical hurricane seems to be threatening the biggest refinery of the Western hemisphere, which has been built at a strange location all things considered.
refineries around the world are working at capacity, all tankers are booked, inventories are tight as a drum...one little thing goes wrong, and prices could spike hugely.
for this winter i recommend wood stoves...last winter NY spot HO shot up to over 2 bucks a gallon at times. if this winter isn't exceptionally warm, there won't be a spot HO market anymore, for any price.

we need a swift economic collapse to curb energy demand...