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Phillips 66 Message Board

  • bluecheese4u bluecheese4u Aug 29, 2012 11:53 AM Flag

    Summary of Weekly Petroleum Data for the Week Ending August 24, 2012

    Summary of Weekly Petroleum Data for the Week Ending August 24, 2012

    U.S. crude oil refinery inputs averaged 15.4 million barrels per day during the week ending August 24, 58 thousand barrels per day below the previous week’s average. Refineries operated at 91.2 percent of their operable capacity last week. Gasoline production decreased last week, averaging 9.2 million barrels per day. Distillate fuel production decreased last week, averaging about 4.7 million barrels per day.

    U.S. crude oil imports averaged 9.5 million barrels per day last week, up by 1.3 million barrels per day from the previous week. Over the last four weeks, crude oil imports have averaged nearly 8.8 million barrels per day, 438 thousand barrels per day below the same four-week period last year. Total motor gasoline imports (including both

    http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_E/threadview?m=tm&bn=26534&tid=461910&mid=461910&tof=1&frt=2

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    • no indication that crack margins, or WTI/Brent is going to collapse this winter like all the previous ones. Looks like refining high 2nd/3rd Q margins are going to last year round. that should slowly improve analysts estimates. Look for another 50% boost in equity values over the next 3-6 months.

 
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