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To: Sarmad Y. Hermiz who wrote (112103)11/24/2000 8:27:55 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
Sarmad- Look, other countries are using more petroleum now too!!! Asia, europe and latin america are using more petroleum than ever before too, it's not just the US.

At the same time, refining capacity in the US has declined slightly in recent years, while demand has increased.

Do not confuse these parallel occurances as being cause and effect !!

Victor, long energy service stocks for close to 2 yrs now.