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

To: t4texas who wrote (163783)2/12/2012 8:01:31 PM
From: Kayaker1 Recommendation  Read Replies (2) | Respond to of 206338
 
I don't see anything that can explain the October and November drops except that the US is already in a recession. Some of the weekly data I posted shows a further dropoff for Jan and early Feb (though it's gasoline "product supplied" rather than "refiner sales" data. Maybe this "product supplied" lags "sales"?).
eia.gov
Hard to know for sure but it certainly increases the near term risks....




To: t4texas who wrote (163783)2/12/2012 9:06:14 PM
From: research1234  Read Replies (3) | Respond to of 206338
 
Three possible reasons:

1. Fewer trips to malls as online shopping replaces in-store visits
2. As you noted, new cars replacing 12 year old vehicles, and
3. Bad data (most likely IMO)



To: t4texas who wrote (163783)2/13/2012 9:14:21 AM
From: MIRU  Respond to of 206338
 
t4, re gas(oline), could the explanation be that we have shifted from being a net importer of gasoline to being a net exporter?


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