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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: auriculatus who wrote (22966)	4/22/2005 11:37:43 AM
From: Proud_Infidel	Respond to of 95617

Re: Anybody could easily cut out five to ten percent of their driving. If everybody would do that, the gasoline market would be flooded by supply and the hedgies might end up eating it big time. Not sure sure that would be the case, though admittedly it wouldn't help. I recently read an article which stated only about 10% of the worlds crude oil goes into gasoline.

To: auriculatus who wrote (22966)	4/22/2005 12:51:13 PM
From: robert b furman	Read Replies (1) \| Respond to of 95617

Hi Auri, Last May Jan and I took a 10 motorcycle trip through Tuscany Italy. It cost 25 buck to fill up a motorcycle (BMW 1150 RT). They get hosed by the government there. Many drive Vespa's and/or walk. I must say the European women are very trim and in shape. Bob

To: auriculatus who wrote (22966)	4/22/2005 10:10:13 PM
From: etchmeister	Read Replies (1) \| Respond to of 95617

Not sure sure that would be the case, though admittedly it wouldn't help. I recently read an article which stated only about 10% of the worlds crude oil goes into gasoline. 10% of ww crude goes into the US market to refine gas for the US motorists - that huge on a relative base compared to the rest of the world. Message 21237341 When refining crude you end up with a distribution of products - it's more or less a fixed distribution though one can use hydrocrackers to convert some of the heavy stuff. I don't know what the exact refinery yield for gasoline is (20% or so) - so if US motorist would get serious and he/she would cut back they could throttle back the demand for crude significantly (leverage effect). In case storage facilities are close to max capacity it would not take that much of decreasing demand to spook the speculators. Most data published relates only to inventories up or down; the question to me is how much surplus storage capacity is availble. On the other hand over the last 12 months they were able to implement a "fear factor" irregardless of supply and demand BTW: The Pacific Northwest is experiencing a drought (looks like jet stream shifted down South) which will impact the hydroelectric power plants