Page added on December 8, 2004
Oil inventory stocks up and in recent days prices down, but:
EIA weekly report
“U.S. crude oil imports averaged nearly 10.9 million barrels per day last week,
up 808,000 barrels per day from the previous week, and the second highest weekly
average ever.
snip
Distillate fuel inventories rose by 1.4
million barrels last week, but are just below the lower end of the average range
for this time of year. Almost all of the increase was seen in low-sulfur
(diesel fuel) distillate fuel.
snip
Total product supplied over the last four-week period has averaged 20.6 million
barrels per day, or 3.4 percent more than averaged over the same period last
year.”
Looking at the beginning of table 1:
y/y change: US domestic prod. down 2.9 % while import up 10.3 %
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