12 Weekly Declines in a Row: Not a Pretty Picture Update: My Limb Has Cracked Two weeks ago, I went out on a limb and said that gasoline inventories would turn up within two weeks. […]
This Week in Petroleum 5-2-07
Tag: EIA
This Week in Petroleum 4-25-07
2nd Update: The gasoline supply situation in the U.S. is just about unprecedented, and for April it is unprecedented. If I go back to 1991 (as far back, it appears, as the EIA maintains a […]
This Week in Petroleum 4-18-07
Really late getting this out this week, but it has been a very hectic 24 hours. I have about 3 posts I need to write up. This week’s report highlights: U.S. crude oil refinery inputs […]
This Week in Petroleum 4-11-07
Update: Gasoline Inventories Are Plummeting This week’s report highlights: U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.7 million barrels compared to the previous week. At 333.4 million barrels, […]
This Week in Petroleum 4-4-07
I don’t think I have ever seen the forecasters miss the estimate this badly. They were forecasting a 300,000 barrel decline in gasoline stocks, and instead got a 5 million barrel decline. For the first […]
This Week in Petroleum 3-28-07
The supply situation is quickly coming to a head, and many questions will be answered in the coming weeks. Will OPEC increase oil production? Can they? Will there be any relief from rising gasoline prices? […]
This Week in Petroleum 12-06-06
I have a challenge for the conspiracy theorists out there who think oil companies purposely dropped the price of gas leading up to the recent elections. Here is the gasoline inventory graph for the past […]
Debate on Oil Exports
Over at The Oil Drum, geologist Jeffrey Brown, aka westexas, made a claim back in January that we face an imminent export crises because the major exporting countries have peaked. In other words, Peak Oil […]
This Week in Petroleum 11-22-06
The weekly EIA report was released this morning: Summary of Weekly Petroleum Data for the Week Ending November 17, 2006 Some excerpts: U.S. crude oil refinery inputs averaged 15.0 million barrels per day during the […]
This Week in Petroleum 11-15-06
The weekly inventory report from the Energy Information Administration came out today, and it provided support for my latest essay. You can read the report at: This Week in Petroleum. A quick look at the […]