US Economy - News, Updates and Discussion

Did some quick research on US gasoline inventories. For the week ending June 19th, inventories were up slightly by 2.1M barrels but still running over 5% below the 5 year average measure.

The next update for week ending the 26th will be released on July 1st.
 
Did some quick research on US gasoline inventories. For the week ending June 19th, inventories were up slightly by 2.1M barrels but still running over 5% below the 5 year average measure.

The next update for week ending the 26th will be released on July 1st.
Gas prices are still terrible. Had to fill up for $4.09 per gallon in the Midwest. Ouch!
 
Gas prices are still terrible. Had to fill up for $4.09 per gallon in the Midwest. Ouch!
Gas prices easing here too. Costco down to $3.79. With latest events in the SoH, let's see if that holds.

#2 diesel unfortunately is not moving. Supplies are tight because the refiners are trying to squeeze more gasoline out.
 

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