This Week in Petroleum… EIA – Commodity Research Group

September 9, 2017 by Jim Colburn Leave a Comment

The difficulty for the EIA in gathering good data due to chaos and disruptions caused by Harvey is summarized by the EIA in “This Week in Petroleum“:

“Because of the displacement, evacuations, and other safety measures initiated as a result of the Hurricane Harvey, some respondents to EIA’s surveys may not have been able to submit data within the reporting window. EIA has and will continue to work diligently with respondents to ensure robust and accurate statistics.”

Note that in the recent release of the “Weekly Petroleum Status Report“, PADD III (the area which includes Harvey’s path) gasoline stocks are reported at 82.4 million barrels exactly the same as the previous week!

Here are some charts from “This Week in Petroleum”:

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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