Locator: 45470B.
Gasoline demand and status, link here, three charts:
Weekly EIA petroleum report:
- US crude oil in supply: decreased by another fairly respectable 6.1 million bbls of oil; now at 433.5 million bbls, US commercial inventories are 2% below the five-year average;
- imports: yawn, but 6.3% more than the same four-week period last; we need the right kind of oil for refineries to work optimally
- refiners are operating at 94.5% of their capacity; pedal to the metal
- distillate fuel inventories -- little change week over week -- are 16% below the five-year average, going into harvesting season;
- jet fuel supplied was up 5.6% compared with the same four-week period last year;
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Back to the Bakken
Active rigs: 33.
WTI: $78.89.
One new permit, #39036, a SWD:
- Operator: Grayson Mill
- Williams County
One producing well (a DUC) reported as completed:
- 39448, 280, Petro-Hunt, Steen 16-20HN, Divide County;
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