Oil Slick Stuff

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[TD="class: econo-reportname, colspan: 2"]EIA Petroleum Status Report
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[TABLE="class: actual_consensus_box"]
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[TD]		Prior
Actual
Crude oil inventories (weekly change)
Gasoline (weekly change)
Distillates (weekly change)

[TD="class: econo-releaseinfo"]Released On 6/20/2012 10:30:00 AM For wk6/15, 2012
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[TD="class: actual_consensus_box_numbers"]-0.2 M barrels
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[TD="class: actual_consensus_box_numbers"] 2.9 M barrels
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[TD="class: actual_consensus_box_numbers"]-1.7 M barrels
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[TD="class: actual_consensus_box_numbers"] 0.9 M barrels
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[TD="class: actual_consensus_box_numbers"]-0.1 M barrels
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[TD="class: actual_consensus_box_numbers"] 1.2 M barrels
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Economic Calendar - Bloomberg
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I wonder why??????????:cool:

Central Gulf Lease Sale Marks First Since Deepwater Horizon Incident
by Karen Boman
|
Rigzone Staff

Wednesday, June 20, 2012

The Bureau of Ocean Energy Management (BOEM) on Wednesday will hold the first Central Gulf of Mexico lease sale since the Deepwater Horizon incident in April 2010.

Four national environmental groups filed in federal court Monday challenging the lease sale, saying that BOEM officials violated the federal National Environmental Policy Act by not determining the effects of the Deepwater Horizon spill on wildlife, saying BOEM used incomplete information to rewrite an environmental impact statement
Click to expand...
RIGZONE - Central Gulf Lease Sale Marks First Since Deepwater Horizon Incident
 
June 21, 2012, 5:51 a.m. EDT
[h=1]Oil futures see sharp declines after China data[/h]
By Sarah Turner, MarketWatch
LONDON (MarketWatch) — Crude-oil futures fell sharply in electronic trading Thursday, extending the heavy losses of the previous session, after weak Chinese data raised further concerns about demand trends.

Dashed hopes of more aggressive monetary-policy action from the U.S. Federal Reserve on Wednesday also played a role in the decline for oil, analysts said.
Benchmark U.S. crude oil for August delivery dipped 0.7%, or 58 cents, to $80.83 a barrel in electronic trading during European market hours. Oil futures see sharp declines after China data - Futures Movers - MarketWatch
 
The price of Oil falling like thisis a much better stimulus than the FED can generate and is real. I'm happy it's falling but sad that the markets always go the other way on GOOD NEWS! STUPID!:cool:
 
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