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

RJS: Latest US Oil Supply and Disposition Data from the EIA 

RJS: Focus on Fracking ________ Summary: US oil supplies at an 18 year low, SPR at a 36 year low, total oil + oil products supply at a 13½ year low. _________ Detail: The Latest US Oil Supply and Disposition Data from the EIA  Sidenote: The US oil data reported this week by the US Energy Information Administration includes updated data for the […]

Healthcare, Oil, and SCOTUS Dominates the News

It has been a while since I have listed news articles. Healthcare, Oil, and SCOTUS topics are dominating news today. Colorado is kicking of a Public Option. If successful, it will greatly benefit citizens there. Oil and gasoline are big issues. When taking into consideration inflation, the price today of a gallon of gasoline is […]

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 […]

RJS; EIA US Oil Supply and Disposition Report

RJS: Focus on Fracking Summary: US oil supplies at a 17½ year low with SPR at a 35 year low; refinery utilization highest since 2019, refinery throughput highest in 17 months; gasoline supplies at a 6 month low even with gasoline imports at a 46 week high The Latest US Oil Supply and Disposition Data […]

Nat. Gas Rigs +32 Mo, DUCs low, Completions 17% below Avg.

RJS, Focus on Fracking Summary: Natural gas rigs at a 32 month high; DUCs at a record low; 4.5 month Drilled but Uncompleted Wells (DUC) backlog is lowest in 7 years; completions remain 17% below prepandemic average… This Week’s Rig Count The number of drilling rigs running in the US increased for the 74th time over the […]

SPR and Supplies Low, Total Oil and Products the Same

RJS, Focus on Fracking Summary: Strategic Petroleum Reserve at a 34 year low, US oil supplies at a 17 year low, total oil + products  inventories at a 13½ year 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 May 13th indicated that after a jump in […]

Nat Gas Up, SPR, Oil, Distillates, Product supply Low

RJS, Focus on Fracking __________ Summary: Natural gas price hits 164 month high after doubling in 2 months; SPR at a 1058 week low, total US oil supplies at a 746 week low; distillates supplies at a 729 week low, total oil + products inventories at a 711 week low, gasoline imports at a 8 […]

SPR, oil, distillates, product Inventories low

RJS, Focus on Fracking, Summary: Strategic Petroleum Reserve at a 1058 week low, US oil supplies at a 746 week low; distillates supplies at a 729 week low, total oil + products inventories at a 711 week low, gasoline imports at a 8 month high The Latest US Oil Supply and Disposition Data from the EIA […]

Oil Buyback Replenishing SPR

RJS; Focus on Fracking Oil Prices Top $111 As Biden’s SPR Buyback Plan Leaks — The Biden Administration will purchase 60 million barrels of crude in Q3 (Yahoo) in an effort to replace volumes in the U.S. strategic petroleum for the first time in nearly 20 years, CNN reports, after authorizing a record release over six […]