Sunday, March 7, 2021

"Focus On Fracking" Posted -- March 7, 2021

Link here.

The lede:

Fuel supplies drop most on record as US oil refining collapses, leading to largest ever jump in oil supplies ​.

Refinery utilization at an all time low, 10% lower than it's ever been; oil refined is least on record; record jum​p in oil inventories, record drop in gasoline inventories; distillates production at a 26 year low, distillates inventories drop most in 18 years; largest jump in oil imports in 39 weeks.

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