Media Missteps On Gasoline – ValueWalk Premium
Gasoline

Media Missteps On Gasoline

“Davidson” submits:

Media now touts high gasoline inventories-Don’t know where they get this.

Q3 hedge fund letters, conference, scoops etc

“Gas Prices Are Falling, but Refiners Keep Making More”

Gasoline excess can weigh on U.S. oil prices that have already fallen about 40% since early October

https://www.wsj.com/articles/gas-prices-are-falling-but-refiners-keep-making-more-11545566401

Gasoline inventories begin a rise every year from Dec lows into Feb/Mar peak for summer driving demand. With US refined product exports hitting record levels, gasoline inventories have gradually risen to meet demand from exports. One may even infer that there has been a peak in gasoline inventories with Feb 2016/2017 nearly identical and Feb 2018 72mi BBL less hinting that demand may be rising higher than US refining capacity. We will not know if this is the case till we get Feb 2019’s data.

Gasoline

Gasoline


X
Saved Articles
X
TextTExtLInkTextTExtLInk

Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds. 📈

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

Sign up now. 👇

CLICK HERE TO TRY IT OUT

 

0