- US crude oil in storage increased by 15.2 million bbls;
- US crude oil in storage now stands at 484.4 million bbls, about 2% above the five-year average, and the five-year average has been "fat" -- in fact, the five-year average has been re-set;
- refineries are operating at only 75.6% capacity -- this is incredible; largest drop I've ever seen, week-over-week; and the lowest operating capacity I've ever seen;
- oil imports averaged less than 6 million bopd (actual: 5.9 million bbls); down by 173,000 bopd
- oil imports decreased 8.4% over the past four weeks compared to similar period one year ago
- total products delivered down over 10% (four-week period)
- jet fuel down an incredible 22% (four-week period)
- WTI after this data released: $24.41 -- it held, remarkable;
Week
|
Week Ending
|
Change
|
Million Bbls Storage
|
Week 0
|
November 21, 2018
|
4.9
|
446.9
|
Week 1
|
November 28, 2018
|
3.6
|
450.5
|
Week 2
|
December 6, 2018
|
-7.3
|
443.2
|
Week 3
|
December 12, 2018
|
-1.2
|
442.0
|
Week 4
|
December 19, 2018
|
-0.5
|
441.5
|
Week 5
|
December 28, 2018
|
0.0
|
441.4
|
Week 6
|
January 4, 2019
|
0.0
|
441.4
|
Week 7
|
January 9, 2019
|
-1.7
|
439.7
|
Week 8
|
January 16, 2019
|
-2.7
|
437.1
|
Week 9
|
January 24, 2019
|
8.0
|
445.0
|
Week 58
|
January 3, 2020
|
-11.5
|
429.9
|
Week 59
|
January 8, 2020
|
1.2
|
431.1
|
Week 60
|
January 15, 2020
|
-2.5
|
428.5
|
Week 61
|
January 23, 2020
|
-0.4
|
428.1
|
Week 62
|
January 29, 2020
|
3.5
|
431.7
|
Week 63
|
February 5, 2020
|
3.4
|
435.0
|
Week 64
|
February 12, 2020
|
7.5
|
442.5
|
Week 65
|
February 20, 2020
|
0.4
|
442.9
|
Week 66
|
February 26, 2020
|
0.5
|
443.3
|
Week 67
|
March 4, 2020
|
0.8
|
444.1
|
Week 68
|
March 11, 2020
|
7.7
|
451.8
|
Week 68
|
March 18, 2020
|
2.0
|
453.7
|
Week 69
|
March 25, 2020
|
1.6
|
455.4
|
Week 70
|
April 1, 2020
|
13.8
|
469.2
|
Week 71
|
April 8, 2020
|
15.2
|
484.4
|
Jet fuel delivered:
Jet Fuel Delivered, Change, Four-Week/Four-Week
|
||
Week
|
Week Ending
|
Change
|
Week 0
|
March 11, 2020
|
-12.80%
|
Week 1
|
March 18, 2020
|
-12.6%
|
Week 2
|
March 25, 2020
|
-8.9%
|
Week 3
|
April 1, 2020
|
-16.4%
|
Week 4
|
April 8, 2020
|
22.0%
|
US crude oil imports:
Crude Oil Imports
|
|||
Week
|
Week Ending
|
Raw Data, millions of bbls
|
Change
|
Week 0
|
March 11, 2029
|
6.4
|
0.174
|
Week 1
|
March 18, 2020
|
6.5
|
0.127
|
Week 2
|
March 25, 2020
|
6.1
|
-0.422
|
Week 3
|
April 1, 2020
|
6.0
|
-0.070
|
Week 4
|
April 8, 2020
|
5.9
|
-0.173
|
*******************************
The Literature Page
I have not found this compare/contrast in the literature / internet yet, but I assume if I tried hard enough, it might be there somewhere. But this is my two cents worth and it provides a great basis for an essay if the granddaughters are ever required to right an essay / thesis about the novel.
