May 25th, 2019
According to the EIA, heading into the 2019 Memorial Day weekend, regular gasoline prices averaged $2.85 per gallon (gal) nationally on May 20, slightly lower than last year’s price of $2.92/gal before the holiday weekend. See the graph at…

May 12th, 2019
Crude Oil Capacity and Utilization Rates Long term open interest in WTI crude oil remains high at 541,700 contracts, but the number of contracts peaked in April and has been falling since, down about 21,000 last week, indicating an expectation that…

May 4th, 2019
Crude Oil Capacity and Utilization Rates EIA data reported on May 1, 2019 for the week ending April 24 shows total operable crude still capacity of 18.76 million barrels per day (MMBD). Weighted utilization decreased slightly from 90 percent to…

April 26th, 2019
Crude Oil Capacity and Utilization Rates. EIA data reported on April 24, 2019 for the week ending April 19 shows total operable crude still capacity of 18.76 million barrels per day (MMBD). The weighted utilization rate for US refineries was 90…