Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Archie Meeties who wrote (32916)	11/1/2000 12:23:20 PM
From: re3	Respond to of 436258

Subject 37274

To: Archie Meeties who wrote (32916)	11/1/2000 1:04:07 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

<<Did you see the DOE numbers?>> Yep, very bullish for oil. Makes me think that the talk about more production from OPEC is a pipe dream, they don't have the transport to move it anyway... Got crude?<G>

To: Archie Meeties who wrote (32916)	11/1/2000 1:34:49 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

i think you're right...the entire energy complex is rushing higher. lowest inventories since '75! however, MUCH more oil is consumed than in '75....the energy crisis is going into its next stage. like Luc said, it will take a stock market BK to get energy to behave. did you see the link i posted on VLCC's ? rates have soared by 45% over one week...only 4 tankers are thought to be available for Persian gulf shipments this month. there's no way for inventories to improve...oil cos. are battling over the dilapidated oil transport infrastructure.