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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (85862)2/1/2001 9:07:58 AM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
Now wait a minute there. Deliveries of gasoline did drop 1% from to 8.348 million barrels per day (b/d) in 2000 from 8.431 million b/d in 1999, but prices paid rose 30% last year according to the API. Diesel fuel usage last year was actually up 5%, Kerosene usage was up 1.4%, and HO usage was up 2.8%.

Not exactly numbers one would expect from a slowing economy...