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Msg  46571 of 290894  at  8/31/2016 8:54:33 AM  by

ghmndod


Interesting from robry825

Now to the interesting part... if you have watched the refining numbers (below) you will see a definate pickup in refining activity starting
......with the beginning of the oil week (to be reported today by the EIA). Now refining has been blocked by seaborn product storage, and with
......chartered oil storage costs rising at present refiners are pressed (economically) to empty seaborn storage as much (and as quickly) as
......possible at the expense of refinery runs (and this is the reason why EIA reports have been so dismal... it is far less costly to cut refining
......and empty a products tanker, than to refine crude and keep a products tanker loaded.

......Now, if the below pickup is true (which is uncertain but possible as some refiners don't report and it could theoretically be just a switch
......from nonpublic to public refining)... if the pickup is true (and we get a bullish EIA oil report today) than that probably is the end of the
......glut right there and here comes $90 oil this winter. So the EIA gets inportant starting today (and thereafter as long as the public data
......continues to show increasing natgas deliveries to refiners).

......So (Juggling the economy with the data) the $90 oil scenario (by mid February) remains on the table. But so does recession. So we
......place our bets.



Today's refining numbers...

...................................Scheduling.............................Scheduling.............................Scheduling.............................Scheduling.............................Scheduling.............................Scheduling.............................Scheduling
...............Weeklies......(MMCF/D)..........Weeklies.......(MMCF/D)..........Weeklies.......(MMCF/D)..........Weeklies.......(MMCF/D)..........Weeklies.......(MMCF/D)..........Weeklies.......(MMCF/D)..........Weeklies.......(MMCF/D)
...............06/28/13............416...............12/27/13............451...............06/27/14............397...............12/26/14............444...............06/26/15............376...............12/25/15............459...............06/24/16............384
...............07/05/13............426...............01/03/14............447...............07/04/14............394...............01/02/15............448...............07/03/15............382...............01/01/16............450...............07/01/16............389
...............07/12/13............398...............01/10/14............429...............07/11/14............403...............01/09/15............431...............07/10/15............399...............01/08/16............438...............07/08/16............394
...............07/19/13............391...............01/17/14............441...............07/18/14............382...............01/16/15............428...............07/17/15............405...............01/15/16............437...............07/15/16............411
...............07/26/13............397...............01/24/14............420...............07/25/14............379...............01/23/15............419...............07/24/15............399...............01/22/16............441...............07/22/16............411
...............08/02/13............416...............01/31/14............392...............08/01/14............438...............01/30/15............415...............07/31/15............398...............01/29/16............424...............07/29/16............417
...............08/09/13............406...............02/07/14............411...............08/08/14............419...............02/06/15............425...............08/07/15............395...............02/05/16............437...............08/05/16............409
...............08/16/13............418...............02/14/14............419...............08/15/14............412...............02/13/15............435...............08/14/15............390...............02/12/16............458...............08/12/16............405
...............08/23/13............424...............02/21/14............442...............08/22/14............381...............02/20/15............420...............08/21/15............373...............02/19/16............441...............08/19/16............401
...............08/30/13............386...............02/28/14............410...............08/29/14............384...............02/27/15............428...............08/28/15............384...............02/26/16............468...............08/26/16............417i
...............09/06/13............426...............03/07/14............438...............09/05/14............395...............03/06/15............446...............09/04/15............394...............03/04/16............467...............09/02/16............423i
...............09/13/13............412...............03/14/14............431...............09/12/14............387...............03/13/15............447...............09/11/15............413...............03/11/16............449
...............09/20/13............394...............03/21/14............452...............09/19/14............390...............03/20/15............445...............09/18/15............402...............03/18/16............447
...............09/27/13............411...............03/28/14............452...............09/26/14............380...............03/27/15............435...............09/25/15............379...............03/25/16............440
...............10/04/13............406...............04/04/14............431...............10/03/14............382...............04/03/15............453...............10/02/15............386...............04/01/16............439
...............10/11/13............431...............04/11/14............426...............10/10/14............385...............04/10/15............467...............10/09/15............390...............04/08/16............366
...............10/18/13............393...............04/18/14............458...............10/17/14............387...............04/17/15............448...............10/16/15............395...............04/15/16............397
...............10/25/13............436...............04/25/14............420...............10/24/14............380...............04/24/15............442...............10/23/15............406...............04/22/16............374
...............11/01/13............423...............05/02/14............383...............10/31/14............426...............05/01/15............428...............10/30/15............428...............04/29/16............413
...............11/08/13............435...............05/09/14............397...............11/07/14............354...............05/08/15............404...............11/06/15............424...............05/06/16............416
...............11/15/13............458...............05/16/14............404...............11/14/14............416...............05/15/15............411...............11/13/15............452...............05/13/16............420
...............11/22/13............439...............05/23/14............415...............11/21/14............456...............05/22/15............426...............11/20/15............467...............05/20/16............424
...............11/29/13............454...............05/30/14............405...............11/28/14............463...............05/29/15............406...............11/27/15............465...............05/27/16............411
...............12/06/13............446...............06/06/14............400...............12/05/14............446...............06/05/15............402...............12/04/15............459...............06/03/16............400
...............12/13/13............467...............06/13/14............399...............12/12/14............426...............06/12/15............409...............12/11/15............446...............06/10/16............399
...............12/20/13............467...............06/20/14............401...............12/19/14............439...............06/19/15............379...............12/18/15............


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Replies
Msg # Subject Author Recs Date Posted
46583 Re: Interesting from robry825 kxviswan 0 8/31/2016 10:05:39 AM
46585 Re: Interesting from robry825 sophocles 4 8/31/2016 10:07:57 AM






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