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Sunday, April 10, 2022

Distillate Stocks In Storage -- US -- Two-Yeear Lookback -- April 10, 2022

Smarter folks than I might want to weigh in on these two charts.

For me, it's all about the quality of oil.

What US refiners need: heavy oil from Canada

Unfortunately, the Keystone XL what would have carried that heavy oil from Canada was canceled by President Biden on the first day in office. 

August 5, 2020:

April 3, 2022:

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