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

To: B O Trust who wrote (60081)	2/18/2006 2:12:09 AM
From: elmatador	Respond to of 206195

Iran will take oil rich south Iraq, and do damage to the Green Zone in Baghdad whre the governmetn and the US seats. These will be their first action in case of a conflict. See: Get more oil regions. And damage the US.

To: B O Trust who wrote (60081)	2/18/2006 2:17:25 AM
From: elmatador	Respond to of 206195

It can be a plot 'cooked' between the British and the Iranians FACT: The British opinion may want troops out of Iraq. Blair, "cooks" this deal with Iran, troops leaving pushed by Iran, look dishonorable. British opinion -Brits being who they are- say: Stay put!!! Takes out Tony Blair's headache. Perhaps when the time come for the Iranians to take the southern Iraq -where the British troops and lots of oil are- Britain won't oppose (they are Britis but they are not crazy!) and Iran will accommodate Britain on a later stage of the game. The diplomats are working overtime to get the best out of the outcome. What I'm sure about is: No one wants is to die or lose money!

To: B O Trust who wrote (60081)	2/18/2006 2:50:11 AM
From: B O Trust	Respond to of 206195

WARM - COLD - BRENT WARM US oil demand has been hurt by the warmest winter in 112 years.. OK. BUT it also means much of the weakness in oil demand is temporary since you cannot count on the weather to save you for the rest of the year and: Electricity consumption and heating consumption due to cold weather represents only a small share of the overall consumption whereas Transport consumption (70-80%) is climbing and will continue to climb in the U.S. as demand continues to grow there as well as in the developed world. In the emerging markets, billions of new consumers in India and China are demanding higher living standards. Car sales in China were close to six million in 2005, making China the second biggest auto market behind the US. In the US, 17 million cars were bought out of a population base of 296 million last year. The auto fleet turns over slowly, usually every 10 to 12 years. The U.S. are not going to see SUVs replaced by less consuming cars any time soon. Some 70-80% of oil used goes into the transport sector and changes in energy just don't happen very quickly. TVs and videos on "Standby mode" is estimated to account for 10% of all household energy and these are sold in increasing numbers - worldwide. COLD Russia had its coldest weather in over 20 years, hurting energy production and boosting demand. -Russian natural gas production only rose 1% year/year in January, sparking a shortage across Europe. Iran, the no. 5 gas producer in the world, also had production problems. -Enel and ENI have been forced to switch 134,000 bpd from natural gas to oil. Hungary, a small natural gas user, probably switched 50,000. -On the supply side, Lukoil will cut fuel oil exports by 27% due to cold weather in Russia. - The cold weather in Europe and Asia explains the strength in high sulphur fuel oil, now trading at record highs. Russia, China, Argentina and Australia have all seen weaker than expected oil production in the past month or two. For the first two countries, the disappointment is 300,000 bpd. Russia’s production is likely to be 200,000 bpd below plan in February too, due to cold weather. Russian oil production was hit by extreme cold, which is likely to knock about 200,000 off production in January as well as February. Production fell the most at TNK-BP, followed by Rosneft, Sibneft and Gazprom. - Japanese oil inventories fell below 15 mill. kl (94 mill. barrels) at the end of February due to cold weather. That is the lowest level since 1972. BRENT WHY The benchmark Brent contract equals or trades at a slight premium to West Texas Intermediate contract SAUDI sends its Oil to U.S. INSTEAD OF EU: Saudi is the 3rd largest supplier to the US and typically sends 8-16 mill. spot barrels of oil to the US each month, on top of term contracts. Their chartering activity for September through November was weak, but 14.4 mill. barrels are chartered to arrive in the US in February, the largest volume since August 2005. In a change from recent policy, Saudi Arabia did not offer any extra barrels to European refiners for February. OPEC production was weaker in January, due to a drop in production at both Nigeria and Iraq. Refining margins are weak in most parts of the world, meaning that oil demand is weaker than expected. That indicates that oil prices are high more due to supply than to demand.