Re: Get ready for even higher gas prices

Posted by Jay on March 31, 2004 at 08:50:44 from (66.231.121.26):

In Reply to: Get ready for even higher gas prices posted by dhermesc on March 31, 2004 at 07:46:14:

Washington, March 31 (OsterDowJones) - The U.S. Department of Energy
reported Wednesday, U.S. crude oil inventories rose 5.7 million barrels from
the prior period. Gasoline stocks rose 1.4 million barrels and distillate
stocks fell 0.7 million barrels from the prior period.

Crude oil excluding the SPR (which also has gains) is 5.7% above last year.

Gasoline stocks are 0.1% above last year.

Distillate stocks are 11.7% above last year.

The market has a lot of hype in it right now.

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