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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Frank Pembleton who wrote (11571)5/1/2002 10:25:59 PM
From: Joan Osland Graffius  Respond to of 36161
 
Frank,

I have noticed the commercials are short crude, which tells me they could be trading the demand. We have heard this quarter the oil company executives communicate this business is as difficult as they have seen, but they could have been getting ready for the get together in Washington. <g> One could conjecture the large speculators have taken control of this market.

A good question on the SPR.

Joan



To: Frank Pembleton who wrote (11571)5/1/2002 10:44:22 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 36161
 
I wonder if the SPR is at full capacity? Whatever happened to the 'borrowed' oil ?


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