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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (39682)	5/16/2001 10:48:13 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

And gasoline reserves increasing, a dent on those who want economic recovery by fall in markets and shortages in energy!! The latest U.S. petroleum inventory data released by the API and EIA are neutral for crude oil and distillates and moderately bearish for motor gasoline. The API inventory numbers show an upward movement in crude oil stocks during the week ending May 11. The EIA also reported an increase. According to the API, crude oil inventories increased 0.8 million barrels. The EIA reported an increase of 2.4 million barrels. Estimates of distillate stocks decreased this week according to the API and according to the EIA. The API reported a decrease of 2.0 million barrels while the EIA reported a decrease of 0.2 million barrels. Inventories of motor gasoline increased by 3.4 million barrels according to the API, while the EIA reported an increase of 4.1 million barrels in inventory. Reformulated gasoline stocks increased by 1.4 million barrels according to the EIA. The gasoline data are closely watched for the main summer driving season. Refinery utilization decreased by 2.1 percentage points to 93.5% according to the API, and decreased by 2.2 percentage points to 96.1% according to the EIA.