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To: Think4Yourself who wrote (40290)	3/18/1999 11:41:00 AM
From: upanddown	Read Replies (1) \| Respond to of 95453

I think they were talking about excess stocks from historical norms. Current world stocks are around 2.8B according to this forecast from EIA/DOE. eia.doe.gov Not sure if the 500M excess referred to both crude and finished products or even where they got the 500M. A lot of Bloomberg articles are very poorly written like the one on this week's API crude numbers. They said it was mostly due to increased imports when the increase was mostly in PADD V which has negligible imports. John