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February 18, 2016

EIA on US oil production in Gulf of Mexico…

  "U.S. Gulf of Mexico (GOM) crude oil production is estimated to increase to record high levels in 2017, even as oil prices remain low. EIA

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February 18, 2016

Diesel fuel retail price chart…EIA

Here's the link:  http://www.eia.gov/todayinenergy/detail.cfm?id=24992. Lowest since 2005....

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February 17, 2016

Where OPEC members stand… Business Insider

Elena Holodny, from Business Week (http://www.businessinsider.com/where-opec-members-stand-after-production-freeze-2016-02), using RBC Capital

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February 17, 2016

Energy as a share of consumer spending…

From Carpe Diem (https://www.aei.org/publication/tuesday-evening-links-6/) and the Bureau of Economic Analysis: consumers are benefiting from lower

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February 15, 2016

The bottom is near, part II…

This story from Bloomberg is extremely

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February 14, 2016

Refiners cut runs… Bloomberg

From Bloomberg: (http://www.bloomberg.com/news/articles/2016-02-11/oil-hits-latest-hurdle-as-u-s-fuel-glut-puts-brakes-on-refining) Here is the

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February 12, 2016

Oil production efficiency… EIA

http://www.eia.gov/todayinenergy/detail.cfm?id=24932 From the EIA: "As falling global oil prices led to significant reductions in rig counts and

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February 11, 2016

Gasoline Cracks Live to Fight Another Day For Now

The EIA reported this week that gasoline stocks had assaulted another record high at 255.7 million barrels. Gasoline inventories have built by almost

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February 10, 2016

Bloomberg describes the 3-way options hedge…

http://www.bloomberg.com/news/articles/2016-02-09/oil-drillers-exposed-in-three-way-hedges-as-crude-dips-below-30 Selling the downside put reduces

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