Tag Archive: Inventory

West Coast Gasoline – Have we reached the bottom?

May 7, 2020 Economics, Wisdom from the Downstream Wizard

May 7, 2020 By Dave Hackett I started the first article in this series on April 15th with a question: “When was the last time you filled up?” Well, I still have not had to fill up either car, but I am down to a quarter tank on mine. Maybe this week. From a gasoline perspective, the fallout from COVID-19...
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West Coast Gasoline – Inventories Rise, Prices and Crude Runs Drop

April 15, 2020 Economics, News, Wisdom from the Downstream Wizard

April 15, 2020 (This article has been updated from the original April 14th version) By Dave Hackett When was the last time you filled up? For me, it was about a month ago. Since then, I’ve driven maybe 50 miles, mostly to the store and back. I used to fill up about once a week; now my next fill-up could...
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