Friday, November 14, 2014

US Crude Oil Storage Trend


You can see how we have been riding near the top of the 5-year range for quite a while.




From the weekly EIA report here.  No indication in this report as to what % of total U.S. storage this actually represents.




2 comments:

davidbaeley said...

US is the great source of crude oil and the oil refinery companies which uses high class oil tools.

Unknown said...

I'm really going to be very interested to know how the new president is going to change this crude oil industry. Considering how abysmal things have looked with millions of barrels of oil just sitting in storage, there's a lot of work going to be needed to revive the market for it!