US Oil Supply at 80 Year High. Shitlibs Done Here.
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Date: February 4th, 2015 5:38 PM Author: purple home toaster
U.S. crude-oil supplies rose by 6.3 million barrels in the week ended Jan. 30 to 413.1 million barrels, the U.S. Energy Information Administration said Wednesday. Analysts surveyed by The Wall Street Journal had expected a gain of 3.7 million barrels. Stockpiles are at the highest level ever in EIA weekly data going back to August 1982. In monthly data, which don’t line up exactly with the weekly data, inventories haven’t been this high since 1930.
http://www.wsj.com/articles/oil-holds-on-to-bulk-of-recent-gains-1423031216?mod=WSJ_hp_LEFTWhatsNewsCollection
(http://www.autoadmit.com/thread.php?thread_id=2800280&forum_id=2...id#27250028) |
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Date: July 21st, 2026 1:18 AM Author: Curious roommate spot
so a 43-year low = 80 Year High? superior cumskin logics!
(http://www.autoadmit.com/thread.php?thread_id=2800280&forum_id=2...id#50013765)
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Date: July 21st, 2026 1:23 AM Author: shivering supple prole
"Overall U.S. inventories, including commercial and SPR stocks, have fallen by 129 million barrels to 726.2 million barrels as of July 10"
Lol, if we really have 762M barrels in reserve, I'm now on Drumpf's side in thinking these oil companies need to be Investigated Very Strongly.
(http://www.autoadmit.com/thread.php?thread_id=2800280&forum_id=2...id#50013770)
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Date: July 21st, 2026 1:26 AM Author: Curious roommate spot
U.S. Strategic Petroleum Reserve Drops Another 5.1 Million Barrels to 43-Year Low, Energy Safety Buffer Shrinks Rapidly
The U.S. Department of Energy reported that the Strategic Petroleum Reserve (SPR) fell by 5.1 million barrels in the week ending July 17, bringing total reserves down to 311.4 million barrels, the lowest level in 43 years since March 1983. Since the outbreak of the U.S.-Iran conflict in late February, the SPR has released a cumulative 104.04 million barrels, with approximately 60% of the planned drawdown now executed. Against a backdrop of disrupted shipping in the Strait of Hormuz and Houthi threats to blockade Saudi maritime transport, total U.S. petroleum inventories have simultaneously fallen to their lowest since 1984, rapidly narrowing the energy security buffer. Market analysis indicates the real risk is shifting from crude oil to refined product shortages, with global refinery processing volumes plunging and U.S. refinery crack spreads hitting record highs. Production capacity is unlikely to recover in the short term, placing contractionary pressure on the global economy.
https://finance.biggo.com/news/30f39959-760e-40e5-b850-08635b5ff10c
(http://www.autoadmit.com/thread.php?thread_id=2800280&forum_id=2...id#50013772)
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