In the EIA’s This Week in Petroleum:
“Crude supplies carried by rail from the Midwest to the East Coast (PADD 2 to PADD 1) continue to be the largest rail movement, accounting for 50% of total CBR moved within the United States in December 2015, the latest month for which data are available. However, this flow has been trending downward since reaching 465,000 b/d in April of last year. With a narrowing price spread between domestic and imported crude oil, PADD 1 rolling four-week average crude oil imports increased to 973,000 b/d for the week ending February 19 compared with 797,000 b/d five weeks earlier. This is consistent with trade press reports of increased imports of West African crudes by East Coast refiners in recent months. Increased runs of imported crude in PADD 1 have reduced the need for CBR shipments to that region.” (CBR=crude by rail)…
Of course, This Week in Petroleum also has this updated chart:
Tell me again, why were we up today? Here is the link: http://www.eia.gov/petroleum/weekly/
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