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Ever since I began blogging about the Bakken I've been fascinated watching the the price of oil (whatever that means with 200+ varieties: WTI, Brent, OPEC basket, etc) and the various metrics that analysts use to track oil. Nothing seems to make sense. But that's fine. It's all fun.

Another metric: weekly US days of supply of crude oil.

I used to think that metric was important. Silly me.

US crude oil supply increasing. Price of crude oil climbing. Price of gasoline definitely climbing.

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Catching Up

After posting that graphic above, I realized I had forgotten to post two graphics, both of which I used to religiously post weekly.

Natural gas fill rate, link here, and so the year begins again:

That graph always reminds me of this song:

Wheel, Jerry Jeff Walker

Gasoline demand, link here, one word: boring.

http://bit.ly/2dZyQXu

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That's an article This time, hopefully can give benefits to all of you. well, see you in posting other articles.

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