Weekly Petroleum Report -- EIA; Gasoline Demand Plummets -- April 15, 2020

Updates

April 17, 2020: see first comment --

The only thing I noticed that wasn't obvious to everyone was that distillates demand fell to a 28-year low ... the refinery metrics, # of barrels & utilization, were both still greater than hurricane Ike in 2008...

Original Post

Weekly EIA petroleum report, link here:

• US crude oil in storage, week-over-week, change: increased by a (insert adjective here) 19.2 million bbls;
• US crude oil now in storage: 503.6 million bbls; 6% an already "fat" storage number; do we really need the SPR any more? another federal program that should probably go by the wayside (no, I'm not serious); this is simply staggering;
• refiners are operating at 69.1% capacity; something I have never, never, never, ever seen before;
• gasoline production actually increased last week, the EIA said with a straight face; up to 5.9 million bbls/day; should be nearing 10 million bbls per day under "normal" circumstances;
• distillate fuel production decreased week-over-week: averaging just under 5 million bbls/day; amazing it held near 5 milion

Gasoline demand, link here:  

Re-balancing:

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
Week 72	April 15, 2020	19.2	503.6

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	-12.60%
Week 2	March 25, 2020	-8.90%
Week 3	April 1, 2020	-16.40%
Week 4	April 8, 2020	-0.22%
Week 5	April 15, 2020	-39.70%

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The Literary Page

From The Cambridge Companion to British Romanticism, second edition, edited by Stuart Curran, c. 2010, p. 162:

During the 1790s, Minerva Press published fully a third of all the novels produced in London. [Minerva] published the work of numerous women novelists, many of whom, like Regina Maria Roche (1764 - 1845) and Eliza Parsons (1739 - 1811), were both prolific and popular in their day and then forgotten afterward until recent efforts to recover the lives and works of historically neglected Romantic-era writers.

Indeed, the contemporary notoriety of the Minerva Press is evident from the fact that six of the seven titles that Jane Austen has Isabella Thorpe recommend to Catherine Morland in Northanger Abbey (1818) as examples of "horrid" novels were issued by that press in the 1790s.

Like his contemporary James Lackington, who pioneered the practice of "remaindering" unsold books he purchased at a large discount and then sold for a still profitable fraction of their original prices ...

I was curious. I had read Northanger Abbey a few years ago, but did not have my copy readily available. I was curious which novels had been recommended by Ms Thorpe. Here they are: