EIA Petroleum Inventories

EIA Petroleum Inventories:

Crude -2.7M barrels.

Gasoline +6.2M barrels.

Distillates +5.8M barrels.

Comments (2)
  • snoopy44
    , contributor
    Comments (1492) | Send Message
    Call me a conspiracy nut but in a week with the lowest recorded temperatures in the US in almost 30 years we have a build of 5.8m bbls of distillates? Sorry, I smell a rat somewhere. I am becoming increasingly sceptical of these Govt. data releases whether its the U-2 number, GDP, or NFP report. They just don't pass the "smell" test.
    8 Jan 2014, 01:01 PM Reply Like
  • SimonSaysShort
    , contributor
    Comments (116) | Send Message
    The low temps won't make an impact on distillates for a couple of weeks...
    8 Jan 2014, 02:50 PM Reply Like
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