For those following "Focus on Fracking," this story is well known. It has been reported every Sunday night for as long as I can remember.
"Focus on Fracking" is tracked at the sidebar at the right.
Today, from oilprice.com:
From the linked oilprice article:
In the latest weekly petroleum status report, the data from the Energy Information Administration showed last week that the adjustment – the balancing item – was at 2.266 million barrels per day (bpd). That was equal to the highest adjustment since reporting data in that form began in 2001. U.S. crude oil exports were also the highest on record in the weekly data for the week to February 24—at 5.629 million bpd, per EIA data.
The "balancing item"? Some would call it a fudge factor. As long as the fudge factor remained less thana million bpd the EIA was willing to ignore it, but 2.266 million bbls! Wow.
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