I have become rather fascinated with the oil markets as a result of reading all the "stuff" here over the past few months. Y2k impact or not, I would like to continue following the markets more closely than I have. Any suggestions? (I don't want to speculate - for that I'll stick with equities.)

P.S. R.C., Downstreamer, Gordon - Please continue posting as time and information become available. And, to R.C. in particular, you definitely qualified your *opinions* and *speculations* as such. Anyone who took actions they now regret has, in my opinion, only themselves to 'blame'. But that's just me. I've made a ton. I've lost a ton. Probably will do both again in the future!

P.P.S. I'm very long S&P puts, which I think is a damn good bet irregardless of y2k! All you crybabies out there - *don't* buy S&P puts!!!

-- Me (me@me.me), January 03, 2000

Answers

For learning how things work, I recommend starting at the

EIA website

Try reading the Annual Petroleum Outlooks. These are long boring but extremely well written and informative for someone interested in markets.

this would be at www.eia.doe.gov

let me know when you get done reading the annuals since 1997 and then we'll talk.

-- Gordon (g_gecko_69@hotmail.com), January 03, 2000.

www.futuresource.com for NYMEX and IPE (Brent) quotes including ACCESS- after hour electronic trading sessions Sun-Thurs nights starting 6PM CST.

You can key word search "crude" or "gasoline" or any other term on Yahoo, Individual.com and several others.

Monday night update: Both the IPE and the NYMEX were closed today. So tonight's after hours ACCESS trading session is the first post- rollover indication on oil economics. The first few trades are off about 60 cents / barrel on the crude and 2 cents on the products.

-- Downstreamer (downstream@bigfoot.com), January 03, 2000.