by PeakingAroundtheCorner » Tue 19 Feb 2008, 13:07:39
$this->bbcode_second_pass_quote('mel1962', '')$this->bbcode_second_pass_quote('mel1962', 'W')ell, we have a new high, its a preliminary estimate for Oct '07 of 85,605 versus July '06 of 85,467 so it looks like an increase of 138k. Will this be the new record or the beginning of a "true" production increase!
The new EIA report came out on Feb. 11th and there were some rather important revisions to last months numbers as follows:
I stand corrected, the Oct '07 preliminary estimate has been downgraded from 85,605 to 85,451!
This makes July '06 still the peak at 85,467!
The preliminary estimate for Nov '07 is 85,360!
Finally, it looks like '05 will remain peak year 84,631 vs. '07 84,531 (11 month avg)!
I am so glad my becoming tangled in this PO thing wasn't just a ginormous paranoid delusion. If that Oct '07 had held and had been officially sacntioned, I would probably have discounted the whole PO premise and moved on to other things ashamed that I had been so foolish.