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To: drsvelte who wrote (6506)1/12/1999 2:38:00 PM
From: Thean  Read Replies (2) | Respond to of 14427
 
Doc,
The previous week API number was extremely strong due in large part to the heavy drawdown in anticipation of the heavier than normal demand due to the cold spell. It is understandable to have that kind of a drawdown for short term weather related needs. To maintain such a large utilization week over week would have to be more than weather pattern related. As Noesis had suggested, last week was most probably a flash in the pan kind of demand spike.

LT - what a mindless statement that was by calling my charts mindless... :)