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Posted April 17, 2014Today in Energy

Gulf Coast crude oil inventories reach record level ›

Crude oil inventories on the U.S. Gulf Coast (USGC) reached 207.2 million barrels (bbl) on April 11, a record high. The elevated inventory levels are the result of the continuing strong crude oil production growth, the opening of TransCanada's Marketlink Pipeline, and a drop in crude oil inputs at USGC refineries as a result of seasonal maintenance. More


Source: EIA, Weekly Petroleum Status Report

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Data Highlights

WTI crude oil futures price

4/15/2014: $103.75/bbl

up$1.19 from week earlier
up$15.04 from year earlier

Natural gas futures price

4/15/2014: $4.567/mmBtu

up$0.033 from week earlier
up$0.430 from year earlier

Retail gasoline price

4/14/2014: $3.651/gal

up$0.055 from week earlier
up$0.109 from year earlier

Crude oil inventories

4/11/2014: 394.1 mmbbl

up10.0 mmbbl from week earlier
up6.5 mmbbl from year earlier

Weekly coal production

4/5/2014: 19.119 million tons

down0.768 million tons from week earlier
up0.287 million tons from year earlier

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