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To: russwinter who wrote (32750)6/4/2004 10:28:00 AM
From: quehubo  Respond to of 206183
 
Over the last four weeks for comparison to the same period last year:

USA Production -208
Product imports +230
Crude imports +200
USA Demand +1,200

Between demand and USA production drops we need all the imports we can get.

eia.doe.gov



To: russwinter who wrote (32750)6/4/2004 12:14:15 PM
From: excardog  Respond to of 206183
 
Nothing will be addressed until the crisis is in our lap. It's unfortunate but true.

How one plays that in the markets as anyones best guess. Can you imagine being naked short oil futures over the weekend any weekend right now?

There may well be a big correction and there might not. I find it a very difficult call. For those that can make the correct call I salute you.