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To: Roebear who wrote (77786)11/3/2000 1:19:34 AM
From: Roebear  Respond to of 95453
 
TESOF,
Much attention, well, it's TESOF, so let's say my attention, ggg, has been focused on effects of the warm weather in Alberta on their business in 3Q.

Most of their business appears to be international, however.

Good Night



To: Roebear who wrote (77786)11/3/2000 10:05:45 AM
From: BigBull  Read Replies (3) | Respond to of 95453
 
Roebear et al. DOE charts:

Crude and aggregates:
eia.doe.gov
Gasoline:
eia.doe.gov
Distillates:
eia.doe.gov
Imports:
eia.doe.gov

Folks these numbers are quite bullish for crude staying above $30. I am frankly, amazed, that SPR releases and OPEC "production increases" have served - so far - to only keep the US from entering a real and palpable energy crises. I guess the only thing keeping crude from going to $40 is the demonstrable slowing of world wide economic growth. Don't know if it's the 70's again - but the possibility is definitely there. Your observation seems quite correct that the US is not being flooded with crude or crude products. Apparently folks want to keep what they've got - for now.