We recorded the highest production rate this week for calendar year 2014 at 939 k bbls.. http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_YOP_NUS_MBBLD&f=W Something we haven't done since December.. Weekly Refiners and Blenders net input eased back a little at 848 k bbls.. but appears to be "on track" for the seasonal uptrend. http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=w_epooxe_yir_nus_mbbld&f=w Weekly ending stocks of ethanol fell to 15,952.. http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_SAE_NUS_MBBL&f=W Not sure what that means now..?? Production is up.. about 91 k bbls over domestic useage.. no imports http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_IM0_NUS-Z00_MBBLD&f=W and yet stocks fall.. ??? either lost in transit.. or some exports.. but not sure how much or which.. ??? Who knows if it shows up in stocks in a week or two.. or three.. or four.. ?? Or whenever the RR's get around to it...? But things must be moving a little smoother now.. fwiw...?? The stocks of ethanol companies are up on this data so.. must be some positive news in there somewhere. |