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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (162854)5/12/2011 11:40:12 AM
From: Wharf Rat  Respond to of 543432
 
It's called "demand destruction".

"Total fuel consumption declined 0.9 percent to 18.2 million barrels a day, the lowest level since June 2009."

Second week in a row; fell off so much last week I thought it must be an error.
Message 27355494
EIA data has been getting weird..

Putting on Blinders - the EIA Budget cuts
Message 27361908
=

Little noticed from todays EIA report is the Finished Gasoline inventory of 55.5kk bl out of total of 205.8.
This level is a low since records were kept(Jan 1994).
This represents barely 6 DAYS supply!!(Padds 1 and 3 are most at risk)
eia.doe.gov
NB: The bulk of the inv are blending components
==

Flooding is really messin' things up. I'll go look.