Good News and Bad News

A good place to start is understanding why crude oil inventories have grown relative to normal patterns. Over the most recent 4-week period, crude oil inputs to refineries (refinery runs) are down over 300,000 barrels per day from the same period a year ago. This, while crude oil imports over the same 4-week period are up over 300,000 barrels per day from year-ago levels!

…This would imply that one of the reasons inventories are increasing substantially relative to normal patterns is that refineries are having more problems than may be known.
DOE EIA