31. Gasoline fell amid speculation that rising production will replenish low inventories as the summer season of peak demand arrives. 32. Gasoline fell amid speculation that rising production will replenish low inventories. 33. Hakes blamed the low inventories on a variety of factors. 34. He also has money with energy managers, who should do well because low inventories in heating oil, gasoline and crude should push energy prices higher. 35. He based his decision on the fundamental demand for fertilizer, a strong export market and low inventories. 36. He said that there is also no real concern about low silver inventories. 37. Heating oil and diesel prices, in particular, had already been rising as a result of anticipated strong demand at a time of low inventories. 38. HEATING OIL PRICES FALL Heating oil prices fell when traders expressed less worry about low inventories. 39. Heating oil soared to its highest price in almost five years amid concern low inventories and soaring prices in Europe will keep imports down. 40. Higher crude prices and low inventories by oil companies have led to a surge in drilling. |