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To: Tomas who wrote (6462)2/5/2002 10:00:53 AM
From: Tomas  Respond to of 206092
 
Today's API report: Bloomberg survey of 7 analysts
Crude oil inventories +2.3 million barrels (+0.7%).
Gasoline stocks +1.6 million barrels (+0.7%).
Distillate fuels -1.3 million barrels (-0.9%).

The profit from making two barrels of crude oil into one of gasoline and one of distillate
fuels is $1.98 a barrel. That's a third of last year's profit of $5.60 a barrel.



To: Tomas who wrote (6462)2/12/2002 6:02:35 PM
From: Tomas  Respond to of 206092
 
"Unlike nearly every other cyclical downturn in the past two decades,
oilfield service pricing is holding up much better in this downturn."

Is Industry Consolidation Really Having a Positive Impact on the Oil Patch?
Raymond James Energy Group, February 11
170.12.99.3