Relevant and even prescient commentary on news, politics and the economy.

RJS: EIA US Oil Supply and Disposition Report

Summary: US oil supplies at a 17½ year low. SPR at a 35 year low after the SPR largest withdrawal on record. Gasoline supplies at a 6-month low. ~~~~~~~~ The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending June 10th show that […]

Lowest Gasoline supplies since November 2017, Production above prepandemic levels

Focus on Fracking: gasoline supplies lowest since November 2017 despite​ gasoline production above prepandemic levels; Focus on Fracking, Commenter and Blogger RJS US oil data from the US Energy Information Administration for the week ending October 29th indicated that after a modest increase in our oil production and only minor changes to our oil imports, our […]