May 19, 2022
1:01:40pm
1:01:40pm
EIA data shows gas stocks are 8% below 5 year average
The storage is higher by 2-3% than 20 or 1% higher than 30 years ago but since we are around pandemic consumption rates we are also probably at 5% higher demand vs 20 years ago and 25% higher than when the EIA started tracking gasoline stocks in 1990.
Refineries are likely having trouble getting enough heavier crude.
Refineries are likely having trouble getting enough heavier crude.
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- dex13
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