Domestic Crude Supplies Drop

For the second week in a row, domestic crude oil supplies have dropped.

I opined a few weeks after the Gulf moratorium that it would only be a matter of time that effects would be seen.

Note: this is not the driving season, and commercial aircraft are taken out of service between Thanksgiving and Christmas due to less demand. And yet crude oil supplies are down.

Very, very interesting. Despite my comments in second paragraph above, I am still surprised to see the decline now. I thought it would take a bit longer.