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Gold/Mining/Energy : Oil & Gas Price Economics -- Ignore unavailable to you. Want to Upgrade?


To: GVTucker who wrote (123)5/12/1999 4:10:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 350
 
<<The only problem with the bull case on crude right now is it focuses on supply.>>

Agree. Even if in the US, the gas demand has been down since March, although I only remembered I read from Bloomberg the demand was down 6% or so in the US in the first one/two weeks after the gas price jump. I haven't seen any report about the demand in the US since then. Maybe the gas stock up in the last two weeks reflecting of that. It will be at least another 3 weeks for the summer demand to pick up.