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Posted March 4, 2015Today in Energy
U.S. crude oil storage capacity utilization now up to 60% ›
Crude oil inventory data for the week ending February 20 show that total utilization of crude oil storage capacity in the United States stands at approximately 60%, compared with 48% at the same time last year. Most U.S. crude oil stocks are held in the Midwest and Gulf Coast, where storage tanks were at 69% and 56% of capacity, respectively, as of February 20. This capacity use calculation reflects only crude oil stored in tanks or underground caverns at tank farms and refineries. More›
Source: EIA, WPSR and Working and Net Available Crude Oil Storage Capacity
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Data Highlights
WTI crude oil futures price
3/3/2015: $50.52/bbl
up$1.24 from week earlier
down$54.40 from year earlier
Natural gas futures price
3/3/2015: $2.712/mmBtu
down$0.190 from week earlier
down$1.780 from year earlier
Retail heating oil price
3/2/2015: $3.289 /gal
up$0.103 from week earlier
down$0.937 from year earlier
Crude oil inventories
2/27/2015: 444.4 mmbbl
up10.3 mmbbl from week earlier
up80.6 mmbbl from year earlier
Weekly coal production
2/21/2015: 16.505 million tons
down2.679 million tons from week earlier
down2.529 million tons from year earlier
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