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Dennis Mangan, logi Energy: EIA Crude Oil, Distillate and Gas Inventories, Production and Usage Statistics Week Ending: 11/27/2009Inventory Comments Crude Oil inventory increased another 2,091,000 barrels this week, to 339,899,000 barrels. Inventory is up 2,417,000 from 13 weeks ago and is up 19,527,000 barrels from a year ago. We are at the 88th Percentile in barrels in storage, and we are at the 97th Percentile based on t... |
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Did Rock Music Peak Right Before Oil Did?What's the correlation between good, quality rock music and worldwide oil supplies? They both peaked around the same time, according to Overthinking It, and they both illustrate what occurs when you're using something up from a limited pool--crude oil stores in one case, and musical ideas in the ... |
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Commodities Turn Lower On Stronger DollarThe dollar has put in at least a temporary bottom and that had traders taking profits in commodities on Monday. Gold was sharply lower, closing at $1039.80 - down $16.60. Crude oil also fell about $2, closing below the $80 level. Most other commodities were also lower, as well as the stock mar... |
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Timor oil spill killing birdsThe Environment Department says birds have died after coming into contact with a crude oil leak in the Timor Sea. ... |
