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Title : Selected Data Points From The Weekly Petroleum Report -- August 30, 2017
link : Selected Data Points From The Weekly Petroleum Report -- August 30, 2017

Selected Data Points From The Weekly Petroleum Report -- August 30, 2017

Some data points (and my comments) from the weekly petroleum report for the week ending August 25, 2017:

• crude oil refinery inputs up slightly
• refineries operating at 96.6% of their capacity
• gasoline production increased; distillate fuel production decreased
• US crude oil inventories decreased by 5.4 million bbls -- now at 457.8 million bbls; this is the middle of the average range for this time of year
• total gasoline inventories unchanged; near the upper limit of the average range (which makes the spike in gasoline prices even before any effect from Hurricane Harvey highly suspect -- as usual)
• motor gasoline supplied average 9.7 million bbls/day, up by 0.2% from the same period last year (will this be seen on the weekly graph, yet to be posted?)

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