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

To: Dennis Roth who wrote (41813)	4/13/2005 11:14:47 AM
From: CommanderCricket	Read Replies (1) \| Respond to of 206325

$50 plus bbl WTI CL is not reducing demand. Total product supplied over the last four-week period has averaged 20.4 million barrels per day, or 1.1 percent more than averaged over the same period last year. Over the last four weeks, motor gasoline demand has averaged nearly 9.1 million barrels per day, or 1.4 percent above the same period last year, while distillate fuel demand has averaged nearly 4.3 million barrels per day, or 3.8 percent above the same period last year. Kerosene-type jet fuel demand is up 4.2 percent over the last four weeks compared to the same four-week period last year. It's obvious we have enough supply but it took took high prices to get it here. Based on the continuing highdemand numbers we need an additional 3% - 4% inventory in place. Another down day for most everything. You would think the major averages would have rallied on the EIA numbers.

To: Dennis Roth who wrote (41813)	4/20/2005 10:58:52 AM
From: Dennis Roth	Read Replies (2) \| Respond to of 206325

U.S. commercial crude oil inventories dropped by 1.8 million barrels from the previous week, the first weekly drop after nine weeks of consecutive builds. At 318.9 million barrels, U.S. crude oil inventories are at the upper end of the average range for this time of year. Total motor gasoline inventories fell by 1.5 million barrels last week, putting them at the upper end of the average range. Distillate fuel inventories remained unchanged last week, and are now near the middle of the average range for this time of year. A decline in low-sulfur distillate fuel (diesel fuel) last week counterbalanced a build in high-sulfur distillate fuel (heating oil). Total commercial petroleum inventories decreased by 1.2 million barrels last week, but remain in the upper half of the average range. For the rest of the report see: eia.doe.gov. But don't worry, inventory levels don't matter, as many people have tried to explain to me for the last few weeks. <ggg> ooo ( ) ooo ooo O O ooo o( V )o ( ) w-w