| The Weekly Petroleum Status report this week ( http://ir.eia.gov/wpsr/overview.pdf )
US Crude: Production at 10,540 k bbls/day up 15 k Imports 7,930 k down 720 k (Do we really need this? or Home Grown Ethanol??) Exports 1,749 k up 544 k Net Imports 6,181 k down 1,264 k
Stocks Change down 152 k bbls
Equals Net input to Refineries 16,949 k down 70 k
Other:
Production of Fuel Ethanol 1,009 k down 25k Ethanol stocks 21.3 myn bbls dn 0.5 k
Finished Gasoline Stocks 236.0 myn bbls down 3 myn bbls 11.08 times that of Ethanol.. yet RBOB Futures are worth $2.0959 vs Ethanol at $1.499 or $0.60 more.. arrrggghh!!
Thanks to Scott Pruitt's EPA handing out RFS Waivers.. He should be FIRED!!
Finished Gasoline 9,857 k up 584 k Distillate 4,356 k up 186 k
etc...
More info here.. ( http://ir.eia.gov/wpsr/wpsrsummary.pdf ) |