Only a handful of states have announced a lifting of restrictions.
Keep that in mind when looking at this chart.
And, US driving season has not yet begun.
And, US consumers who drive POVs, are pivoting toward gas guzzling SUVs, cross-overs, and pickup trucks.
And ...
Meanwhile, the natural gas fill rate, link here.
I don't know anything about natural gas. I've said that many times on the blog. But one thing I have learned. Crude oil and natural gas are very, very different entities. There will always be enough natural gas to meet demand within a fairly narrow band.
Absolutely not true when it comes to crude oil.
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