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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Second_Titan who wrote (1172)	5/16/2001 12:42:22 AM
From: schrodingers_cat	Read Replies (1) \| Respond to of 206199

>Why is distillate demand still high? Yes, that puzzled me too. It looks like it is up 8% on last year. My first idea was that maybe people remembered the high prices last autumn and are filling their heating oil tanks earlier this year. So I took a quick look at the report from this time last year, and the distillate numbers in that report look quite different from the numbers quoted for the same time period in this year's report! I can't compare them exactly, since the time frame is slightly different , but the numbers EIA quotes for last year look more like the numbers from the same week in 99. Bottom line is, I think distillate demand is in fact flat on last year, and either the government has its numbers mixed up or there is something weird going on that I don't understand.