Wednesday, August 23, 2023

Status Of US Gasoline In Storage, Days Of Supply, Current Demand, And Refiners' Activity -- August 23, 2023

Locator: 45471B.

Gasoline prices are at "recent"highs.

The Biden administration is "monitoring" this. What concerns them most?

Gasoline demand and status, link here, three charts:



Refiners, weekly EIA petroleum report:

  • refiners are operating at 94.5% of their capacity; pedal to the metal

******************************
Commentary

The Biden administration says they are monitoring the three graphics above. What are they monitoring? What are they worried about?

I'm thinking back to August 17, 2017, to September 3, 2017.

No comments:

Post a Comment

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