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To: Dennis Roth who wrote (51357)10/13/2005 10:49:44 AM
From: CommanderCricket  Read Replies (3) | Respond to of 206191
 
Dennis,

The EIA doesn't measure demand destruction. It measures what the refineries produce and ship. Simply, if the refineries ship less product, demand drops. EIA has an explantion on this I'll go dig up.

Alot of discussion last night on the CWEI thread about how misleading this is.

Michael



To: Dennis Roth who wrote (51357)10/19/2005 10:39:11 AM
From: Dennis Roth  Read Replies (5) | Respond to of 206191
 
The destruction and the denial continue.

The following is from the last 6 weekly petroleum data reports:

Week Ending September 9, 2005:
Over the last four weeks, motor gasoline demand has averaged 1.1 percent below the same period last year, "possibly reflecting the inability of some stations to receive supplies over the last two weeks",. Distillate fuel demand has averaged 1.4 percent above the same period last year.

Week Ending September 16, 2005:
Over the last four weeks, motor gasoline demand has averaged 2.1 percent below the same period last year. Distillate fuel demand has averaged 0.7 percent below the same period last year.

Week Ending September 23, 2005:
Over the last four weeks, motor gasoline demand has averaged 2.8 percent below the same period last year. Distillate fuel demand has averaged 3.1 percent below the same period last year.

Week Ending September 30, 2005:
Over the last four weeks, motor gasoline demand has averaged 2.6 percent below the same period last year. Distillate fuel demand has averaged 3.8 percent below the same period last year. Kerosene-type jet fuel demand is down 0.6 percent over the last four weeks compared to the same four-week period last year.

Week Ending October 7, 2005:
Over the last four weeks, motor gasoline demand has averaged 2.4 percent below the same period last year. Distillate fuel demand has averaged 4.0 percent below the same period last year. Kerosene-type jet fuel demand is down 4.4 percent over the last four weeks compared to the same four-week period last year.

Week Ending October 14, 2005:
Over the last four weeks, motor gasoline demand has averaged 2.2 percent below the same period last year. Distillate fuel demand has averaged 4.0 percent below the same period last year. Kerosene-type jet fuel demand is down 3.1 percent over the last four weeks compared to the same four-week period last year.