SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: DavidG who wrote (35854)1/26/1999 3:42:00 PM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
I don't have a guess as to the actual numbers. I only know my furnace is running much less frequently. Also, gasoline has been down about a nickel over the past week, so the gas stations here must be loaded to the brim.

Of course, if oil traders are also expecting miserable numbers, perhaps the API has been priced in already.

But, I have to remind you that I'm not good at predicting these things, which is why I'm not trying to catch every little ripple for a short term trade. (I'm actually amazed so many people on this thread are still trying to short-term trade this sector on the long side. I'd think it would be easier to make money trading a sector which is actually in a bull market.)