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  • A Glut of Petroleum Products [View article]
    i didn't know that either, and I don't think it is correct, see bottom of tonto.eia.doe.gov/dnav... . So stocks seem to be based on compulsory surveys with a response rate of 98-100%. Now that still leaves the possibility that these respondents themselves model rather than measure the stocks, but that is unlikely, as it is simply easier for a refinery/port/etc to read their meters rather than devise a model. dieuwer, if you have any other serious info, please provide.
    Jul 24 04:56 am |Rating: 0 0 |Link to Comment
  • Tracking Crack Spreads [View article]
    the crack spread does not work with coking refineries, of which there are quite a few in the US.
    Jun 19 05:21 am |Rating: 0 0 |Link to Comment
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