Lots Of Oil Still Sloshing Around -- WTI Off Almost 2% -- Now Under $68/Bbl Again -- Gasoline Prices To Plummet -- LOL -- August 1, 2018

Lots Of Oil Still Sloshing Around -- WTI Off Almost 2% -- Now Under $68/Bbl Again -- Gasoline Prices To Plummet -- LOL -- August 1, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Lots Of Oil Still Sloshing Around -- WTI Off Almost 2% -- Now Under $68/Bbl Again -- Gasoline Prices To Plummet -- LOL -- August 1, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Lots Of Oil Still Sloshing Around -- WTI Off Almost 2% -- Now Under $68/Bbl Again -- Gasoline Prices To Plummet -- LOL -- August 1, 2018
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Lots Of Oil Still Sloshing Around -- WTI Off Almost 2% -- Now Under $68/Bbl Again -- Gasoline Prices To Plummet -- LOL -- August 1, 2018

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  • US crude oil inventories: another build, this time -- 3.8 million bbls
  • US crude oil inventories: 409 million bbls (threshold - 400 million bbls) -- only 1% below the 5-eyar average, and that 5-year average includes the Saudi Arabia surge, 2015 - 2017, which greatly distorted things -- in other words -- still a lot of oil sloshing around 
  • refineries operating at 96.1% capacity: trending up
  • gasoline production: 10.5 million bbls (threshold: 10 million bbls)
  • distillate fuel production: 5.2 milion bbls (threshold: 5 million bbls)
  • gasoline demand graphic will be posted later 
Gasoline prices in our neighborhood continue to trend up. Something tells me refiners are doing very, very nicely.

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Trump Getting Ready To Drain The Swamp?

They say August is the most boring month for news. This August it could be different. He may go off the reservation. Again.

Seminole Wind, John Anderson


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