To: chrisser
the level of inventory carried BINGO....... Less inventory is less overhead, volatile trading, and higher prices.
44 posted on
07/23/2007 8:05:41 AM PDT by
Realism
(Some believe that the facts-of-life are open to debate.....)
To: Realism
Less inventory is less overhead, volatile trading, and higher prices. Higher inventory means higher prices, because there is a holding cost associated with that inventory.
46 posted on
07/23/2007 8:20:18 AM PDT by
Barney Gumble
(A liberal is someone too broadminded to take his own side in a quarrel - Robert Frost)
To: Realism
You got some place to store a few million barrels of oil? It takes roughly 1 million barrels of oil to supply the East Coast for a day, iirc. So just how much (vlolatile, flammable) inventory were you going to stack up where?
66 posted on
07/23/2007 2:08:42 PM PDT by
Smokin' Joe
(How often God must weep at humans' folly.)
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