To The Moon

1.44 weeks into the year:
-Commercial crude oil inventories are up ~18.9m bbls
-SPR inventories are down ~ 193.9m bbls
-Gasoline inventories are down ~26.1m bbls
-Distillates are down ~18.5m bbls
-Jet Fuel inventories are up ~1.4m bbls
-Propane is up ~22.4m bbls

Compare to 43th weeks:
-Commercial crude oil inventories are up ~22.1m bbls
-SPR inventories are down ~ 192m bbls
-Gasoline inventories are down ~24.8m bbls
-Distillates are down ~18.9m bbls
-Jet Fuel inventories are up ~1.1m bbls
-Propane is up ~21m bbls

2.For the week ending October 28/22.
-Small Propane build (Neutral)
-Tiny Distillates build (Bullish)
-Gasoline draw (Bullish)
-Tiny Jet Fuel build (Neutral)

Overall (including a healthy crude draw), a bullish report3.Demand for total products remained strong and was ~0.35% higher than the 2015-2019 average.
However, Gasoline demand remained weak.
Gasoline demand for the week ending Oct 21/2022.
~8% below the 2015-2019 Average
~1.3% higher than in 2020
~11.5% below 20194.Refinery throughput jumped by ~400k bbls/d mainly driven by PADD 3. PADD 1 was back operating at ~103% of capacity.

https://twitter.com/Gugo907/status/1587817472631005186