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us oil consumption, Tag
- TransCanada is Planning a Pipeline Even Bigger than Keystone XL Tue, 6 Aug 13, 1:42amTransCanada is planning to build a new 2,700-mile pipeline - that's one third bigger than the controversial Keystone XL - to carry 1.1 million barrels of crude oil per day from Alberta and Saskatchewan to refineries in eastern...
- Could $30/bbl Oil Happen Before New Year’s Eve? Thu, 18 Jun 09, 3:15pmIn this post last month, I described how the recent storage build might serve as a good proxy for describing a well supplied oil market. I also presented data suggesting that actual physical oil consumption may have been...
- Tight storage may lead to huge oil price drop Tue, 12 May 09, 1:43pmThe present contango in oil prices bears all the hallmarks of an oil market where supplies are well above present fundamental physical consumption.