API

Advanced Photonix, Inc

David White
API says we had gains in crude stocks last week. This week no one on the East Coast is using gasoline. EIA confirmation may send crude down.

x oil -field
Bloomberg: $OIL Fluctuates as API Reports Gains in U.S. Inventories. $USO http://bloom.bg/XTHQhq

jpalpha
They just reported one of their Brown Dense wells had a production rate of 421 barrels of 50 API oil per day with 3,900 Mcf of high Btu gas!

Holly Thompson
Albemarle expands South Haven API production site http://bit.ly/KMvhRq

David White
API: crude = +3.4M barrels, Gasoline = -2.6M, distillates = - 2.4M. Total = -1.6M.

David White
USD dropping like a rock after EIA oil supplies report. Very questionable. API was +3.2M barrels overall (crude, gasoline, & distillates).

David White
API: Crude = +4.6M barrels, Gasoline = -2.3M barrels, Distillates = +924K barrels. Total = +3.224M barrels.

Power Hedge
The president of the API says that Obama tax policy will push energy jobs overseas: http://bit.ly/x89DEy

David White
API: Crude +2.9M barrels, Gasoline +1.8M barrels, Distillates -2.2M barrels.Total = +2.5 million barrels.

David White
API: Crude stocks = +9.6M barrels, Gasoline = +1.9M barrels, Distillates = +0.554M barrels. Total = approx. +12M barrels.