Gigem77

Commodity Roundup: What To Be Bullish On Now

Oil demand is going to be further curtailed due to the large number of refiners shut down by Ike. We will likely see the price of oil drop. But we will enter the high demand winter quarter with low inventories of heating oil and gasoline. Natural gas injections have been cut in half by Gustav and will remain shut in for some time. So we enter the winter season with storage near the 5 year avg and 200 bcf below last year. The MMS publishes a weekly report on shut in production. www.mms.gov/ooc/press/...