- natural gas price hit 13½ year high; SPR at a 34½ year low; refinery use highest since 2019; first rig drop in 31 weeks
- natural gas prices hit 13½ year high after a six-fold increase in less than 2 years;
- US oil exports at a 26 month high even with SPR at a 34½ year low & US oil supplies at a 17 year low;
- total oil + products inventories at a new 13½ year low even with highest refinery utilization rate since 2019 & greatest refinery throughput in 11 months;
- rigs down first time in 31 weeks
Sunday, May 29, 2022
What A Nice Surprise -- Despite The Three-Day Weekend, "Focus On Fracking" Has A New Edition -- May 29, 2022
May 29, 2022: link here. The lede:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.