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To: BigBull who wrote (75947)10/10/2000 5:52:42 PM
From: BigBull  Read Replies (1) | Respond to of 95453
 
API analyses from yours truly.

OK IF the DOE's confirm api's then what have we got on our hands? Disaster.

Here's last weeks DOE charts:

Aggregate and Crude Stocks:
eia.doe.gov

Rolling over about a month too soon on aggregates. Crude? No seasonal build. Going in the "wrong" direction. Heading towards lower operational levels, all with OPEC pumping at full capacity.

Distillates/HO:
eia.doe.gov

All I can say is Uh Oh!

Gasoline:
eia.doe.gov

About the only product following seasonal pattern, but still in the lower end of the range.

Is Gore toast, or what?



To: BigBull who wrote (75947)10/11/2000 8:55:52 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
API - crude down 8 M boe: I said the Saudi's would only "talk" a good game...

I still say the Saudi's will "talk" but not deliver; creating an oil spike & boomeranging Clinton/Gore's SPR play up their A$$ - handing GW an edge, if not the election itself.

Why would the Saudi's, or OPEC - bring Oil prices down during peak demand season ? -hell; this is when you get all the speculative "icing" on the cake if Oil is moving positively. Why would they walk away from this short term windfall ? Spike it here; then bring Oil down come Feb-March...

Do you think Algore can possibly win with a simultaneous Oil Spike/Stock Market Crash and then that TV ad that someone has to do... showing his "Pinocchio-esque" nose, growing & growing & growing - while they overlay soundbyte, after soundbyte of his lies, exaggerations & embellishments....

"I invented the internet"... etc