US Petroleum Demand: Highest In 10 Years -- Highest In A Decade -- Highest Since 2007 -- US Crude Oil Production? Highest In 45 Years -- NGL Production? Highest On Record -- Making America Great Again

As you read the note below, think about this: this is not being reported in the mainstream media. CNBC does not report it. I don't think FBN even reports it but I don't listen much to FBN -- even more political than CNBC and that says a lot. 

From Oil & Gas Journal, data points:

• July data
• total US petroleum deliveries: up almost 5% from a year ago
• averaging: 20.7 million b/d
• highest July deliveries in 10 years
• increased 1.6% over previous month (June, 2017)
• year-to-day: total petroleum deliveries up 1.3% compared to same period last year

Meanwhile, gasoline deliveries hit new records also (same link):

• all-time high in July; not just a 10-year high, but an all-time high
• increased 1% from July, 2016
• average nearly 9.7 million b/d
• 2016: 9.2 million b/d - the second highest year-to-date level

Domestic crude oil production? Yup, more records (same link):

• in July, 2017, last month -- production increased from the prior month, the prior year, and the prior year-to-date to reach the highest July output level in 45 years
• averaged 9.4 million b/d in July, 2017, up almost 10% -- astounding -- from July, 2016
• US crude production has been above 9 million b/d for the sixth consecutive month 

NGLs? Glad you asked (same link):

• highest July output level on record

Color me impressed. A huge shout-out to all the roughnecks and truck drivers that made this possible. Good on you.

What A Doofus