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To: SJS who wrote (17287)3/31/1998 9:27:00 AM
From: Lucretius  Respond to of 95453
 
yea, check out a chart of the XAL, mkt doesn't think those savings are going to last. Tells me oil has bottomed. Still short TWA.



To: SJS who wrote (17287)3/31/1998 9:33:00 AM
From: JZGalt  Respond to of 95453
 
<Jet fuel has gone down in price about .25, saving the entire industry over 5 billion in costs so far this year.>

Jet fuel, diesel fuel and heating oil are the same relative cuts in the refining process. Excess heating oil created the slump in jet fuel prices. Don't expect this to last as the storage capacity problems are worked out.


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