It’s been a while since I updated one of these, but this seems like a good time for an inventory review. Crude inventories are very high, distillate inventories are about normal, and gasoline inventories were […]
Tag: oil inventories
This Week in Petroleum 6-13-07
Update: Very brief update. First, I just came back from the hospital, where they extracted a small boulder from my kidney. With that, I put this horrible episode behind me. On the inventory report, I […]
This Week in Petroleum 6-6-07
Update: The numbers are out. Gasoline made a strong gain this week, as imports remained high. Demand remains well above last year’s numbers. Given that imports were down slightly over the previous week (but still […]
This Week in Petroleum 5-30-07
2nd Update: The data have been released: Summary of Weekly Petroleum Data for the Week Ending May 25, 2007 As I have been predicting, this was an all-time record low gasoline inventory for Memorial Day […]
This Week in Petroleum 5-23-07
Some Reactions to Gasoline Inventories From Bloomberg: Crude Oil Is Steady as U.S. Gasoline Supplies, Demand Increase “Inventories are growing but we are still in big trouble with gasoline supplies,” said Phil Flynn, vice president […]
This Week in Petroleum 5-16-07
2nd Update This Week in Petroleum was just released, and the focus was the gasoline situation. Some excerpts: Why are gasoline prices so high? Gasoline inventories have recently been drawn down at a dramatic rate […]
This Week in Petroleum 5-9-07
Tale of the Stone Yes, I know I am late getting this out. Some of you may have read about my visit to the hospital about a month ago. Long story short, I have a […]
This Week in Petroleum 5-2-07
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 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 […]