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To: count-your-change

Thank you for that.

Another deceptive title. The article spent most of its words about the result of refinery shutdowns in Washington State that lead to lower intake of oil to that area and lack of place put the oil for that duration.

While they were true that the total volume of stocks were at record highs, they ignored the fact that our demand had increased in that time frame to actually lower the days of supply kept on hand.

They also ignored the fact that much of that oil stocks is the Strategic Petroleum Reserve and therefore commercial stocks were not at record high levels.

U.S. Ending Stocks of Crude Oil
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRSTUS1&f=M

U.S. Ending Stocks excluding SPR of Crude Oil and Petroleum Products
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MTESTUS1&f=M

Weekly U.S. Days of Supply of Crude Oil excluding SPR
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPC0_VSD_NUS_DAYS&f=W

You are correct, there was a reporter using those words about 4 months after the Keystone XL pipeline was rejected.

Did you find any claims to match the original poster’s claim related to the Keystone XL pipeline?


16 posted on 08/20/2012 8:49:25 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
“Did you find any claims to match the original poster’s claim related to the Keystone XL pipeline?”

No, most arguments seem to come from the enviro crowd.

17 posted on 08/22/2012 10:33:00 AM PDT by count-your-change (You don't have to be brilliant, not being stupid is enough.)
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