Pages

Sunday, August 28, 2022

The Top Energy Story This Past Week -- Is Anyone Paying Attention? August 28, 2022

Top energy story
US oil data from the US Energy Information Administration for the week ending August 19, 2022, showed that despite a record withdrawal of crude from the SPR, a drop in our oil exports, and a decrease in​ our​ refining, we had to pull oil out of our stored commercial crude supplies for the 4th time in 6 weeks, and for the 23rd time in the past 39 weeks, in part due to a big decrease in oil supplies that could not be accounted for.
Focus on fracking: weekly installment.The lede:
  • natural gas touches $10;
  • US oil supplies at a 19-year low;
  • SPR at a 37.5-year low after a record withdrawal.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.