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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (46353)	11/30/2005 9:00:33 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 110194

Good point. I was going to take a look at those numbers (it seems puzzling). The simple equation for gasoline is: Change Inventory = Domestic Production + Imports - Demand. Now that imports have dropped (the US should remember to thank Europe for all the refined products during a time of need) we are back to a more normal situation. I'll try to dig into the numbers ... but if inventories stay this low, I'd expect prices to rise.