Weekly Petroleum Report -- EIA -- January 24, 2018

Data at this link:

• crude oil drawdown: 1.1 million bbls; now at 411.6 million bbls; still at the middle of the range for this time of year
• Cushing crude stocks fell 3.15 million bbls to 39.2 million bbls; this is a huge drop; nearing the 10-year median
• refineries: operated at 90.9% operable capacity (way down)
• motor gasoline supplied over last four weeks: 8.7 million bpd, up 5%
• distillate fuel product supplied: 4.0 million bpd, up over 15% (can you say "cold snap in New England?)
• still waiting for the natural gas graphic (supposedly this will be released tomorrow)

Natural gas prices: