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Sunday, June 18, 2023

Focus On Fracking -- Pending -- June 18, 2023

Locator: 44976B. 

Link here.
  • gasoline imports at 12 month high
  • May global oil shortage at 600,000 bpd; 
  • OPEC output 899,000 bpd below lowered target 
  • SPR at a new 39½ year low 

Reminder, link here:

  • gasoline stored in the US increased by 2.1 million bbls, but total storage remains 7% below 5-year average
  • US refiners at 93.7% capacity;
  • US crude oil in storage increased by a whopping 7.9 million bbls last week
  • US crude oil in storage now at 5-year average

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Spanish

1000-day streak.

I started Duolingo one-thousand days ago. Haven't missed a day.

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