| Been busy guys.. sorry for the delay. Weekly ethanol production was up 2 k bbls/day | 2013-Aug | 08/02 | 853 | 08/09 | 857 | 08/16 | 844 | 08/23 | 820 | 08/30 | 819 | | 2013-Sep | 09/06 | 848 | 09/13 | 838 | 09/20 | 832 | 09/27 | 875 | | | | 2013-Oct | 10/04 | 868 | 10/11 | 869 | 10/18 | 897 | 10/25 | 911 | | | | 2013-Nov | 11/01 | 902 | 11/08 | 927 | 11/15 | 904 | 11/22 | 927 | 11/29 | 913 | | 2013-Dec | 12/06 | 944 | 12/13 | 928 | 12/20 | 926 | 12/27 | 913 | | | | | | 2014-Jan | 01/03 | 919 | 01/10 | 868 | 01/17 | 905 | 01/24 | 900 | 01/31 | 895 | | 2014-Feb | 02/07 | 902 | 02/14 | 903 | 02/21 | 905 | |
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_YOP_NUS_MBBLD&f=W Refiner and Blenders net input (domestic demand ) rebounded smartly to 835 thousand barrels Per Day vs Last weeks 806. Finally starting to show some life again.. | 2013-Sep | 09/06 | 834 | 09/13 | 842 | 09/20 | 852 | 09/27 | 846 | | | | 2013-Oct | 10/04 | 868 | 10/11 | 857 | 10/18 | 851 | 10/25 | 870 | | | | 2013-Nov | 11/01 | 859 | 11/08 | 874 | 11/15 | 853 | 11/22 | 837 | 11/29 | 837 | | 2013-Dec | 12/06 | 826 | 12/13 | 827 | 12/20 | 876 | 12/27 | 808 | | | | | | 2014-Jan | 01/03 | 756 | 01/10 | 797 | 01/17 | 802 | 01/24 | 815 | 01/31 | 801 | | 2014-Feb | 02/07 | 816 | 02/14 | 806 | 02/21 | 835 | | | | |
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=w_epooxe_yir_nus_mbbld&f=w So the stocks.. we got a draw here at 17,024 thousand barrels vs 17,203 last week. | 2013-Sep | 09/06 | 16,269 | 09/13 | 16,178 | 09/20 | 15,613 | 09/27 | 15,509 | | | | 2013-Oct | 10/04 | 15,390 | 10/11 | 15,419 | 10/18 | 15,499 | 10/25 | 14,961 | | | | 2013-Nov | 11/01 | 15,165 | 11/08 | 15,153 | 11/15 | 15,083 | 11/22 | 15,022 | 11/29 | 15,124 | | 2013-Dec | 12/06 | 15,448 | 12/13 | 15,625 | 12/20 | 15,660 | 12/27 | 15,582 | | | | | | 2014-Jan | 01/03 | 16,138 | 01/10 | 16,078 | 01/17 | 17,018 | 01/24 | 16,932 | 01/31 | 16,739 | | 2014-Feb | 02/07 | 17,062 | 02/14 | 17,203 | 02/21 | 17,024 | | | | |
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_SAE_NUS_MBBL&f=W So 905 - 835 = 70 with a stocks draw of (17,203 - 17,024 / 7 =) 25.57 = 95.57 thousand barrels per day that went towards exports vs 76.86 last week. A pretty good week on the exports. 835 domestic + 95.57 = 930.57 disappearance vs last week's 886 is getting back in the saddle again. Yal dog.. Domestic demand is starting to pull it's weight.. as exports remain "pretty good."
stocks target of 20,000 by summer driving season - 17,024 = 2,976 / 46 days = 64.70 needed per week vs 52.77 needed last week. We are not keeping up.. a positive sign for the outlook. There is room for production to expand. No imports again this week.. http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_IM0_NUS-Z00_MBBLD&f=W
Despite the transportation snafu's.. a pretty good week.
Edited by JonSCKs 2/26/2014 22:57
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Ethanol exports AND domestic demand.. back in the saddle
