< meta name="DC.Date.Valid.End" content="20050825"> Amendment Nine: October Surprise?

Friday, October 29, 2004

October Surprise?

A midweek Dept. of Energy report on crude reserves:

"[C]rude supplies had increased by 4 million barrels to 283.4 million barrels last week -- roughly double the increase Wall Street was expecting."

Anyone know where all that new oil came from? And why did distillates contract by 2M barrels over the same time? Reuters gives the overview, you can fill in the color.