Oil Slick Stuff

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May not be around too much today, Refinishing our Kitchen Cabinets, 22 doors, 12 Drawer Fronts and the bases. Sanding and painting lots of fun. hot-sun.gif
 
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Oil inventories up!:D


[TABLE="class: tablewrapper"]
[TR]
[TD="class: econo-reportname, colspan: 2"]EIA Petroleum Status Report
[/TD]
[/TR]
[TR]
[TD="colspan: 2"] Economic Calendar - Bloomberg
[TABLE="class: actual_consensus_box"]
[TR="class: actual_consensus_toprow"]
[TD]		PriorActual
Crude oil inventories (weekly change)
Gasoline (weekly change)
Distillates (weekly change)

[TD="class: econo-releaseinfo"] Released On 10/9/2013 10:30:00 AM For wk10/4, 2013 [/TD]

[TD="class: actual_consensus_box_numbers"]5.5 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] 6.8 M barrels [/TD]

[TD="class: actual_consensus_box_numbers"]3.5 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] 0.1 M barrels [/TD]

[TD="class: actual_consensus_box_numbers"]-1.7 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] 3.1 M barrels [/TD]
[/TD]
[/TR]
[/TABLE]
[/TD]
[/TR]
[/TABLE]
 
Maybe the Trickle Down Effect will work this time?
Oct. 11, 2013, 6:18 a.m. EDT
[h=1]Oil tumbles, unwinding big gains, after IEA report[/h] [h=2]IEA sees next year’s oil supply in biggest growth jump since 1970s[/h]
By Shawn Langlois and Barbara Kollmeyer, MarketWatch
MADRID (MarketWatch) — Oil futures fell sharply on Friday after the International Energy Agency predicted strong growth in supply of the commodity for next year. The losses reversed the prior session’s strong moves that were partly driven by hopes for an end to the U.S. government standoff.
In electronic transactions, crude for November deliver CLX3 -2.00% slid $1.27, or 1.3%, to $101.74 a barrel. For the week, oil futures were on track to fall 2%.
In its monthly report released Friday, the IEA upgraded its oil-demand growth forecast, but also said there was plenty of supply in the pipeline. The agency sees global oil demand growing by 1 million barrels a day this year, a rise of 100,000 barrels a day from its previous estimate. Its outlook for oil demand growth for 2014 was unchanged at 1.1 million barrels a day.

Oil tumbles, unwinding big gains, after IEA report - Futures Movers - MarketWatch
 
Tesoro oil spill: over 20,000 barrels seep into North Dakota wheat field


Officials say the seven-acre spill, allegedly from a quarter-inch hole in the pipeline, has not contaminated any water sources

Bismark, ND--More than 20,000 barrels of crude oil have spewed out of a Tesoro oil pipeline in a wheat field in northwestern North Dakota, the state health department said Thursday.

State environmental geologist Kris Roberts said the 20,600-barrel spill, among the largest recorded in the state, was discovered on 29 September by a farmer harvesting wheat about nine miles south of Tioga.


"The farmer was harvesting his wheat and started smelling oil," Roberts said. "It went from there."
The spill has been contained and no water sources have been contaminated, Roberts said. Cleanup crews have recovered about 1,285 barrels of oil, officials said. A barrel is 42 gallons.


Tesoro Logistics, a subsidiary of the San Antonio, Texas-based company that owns and operates parts of Tesoro's oil infrastructure, said in a statement that the affected portion of the pipeline has been shut down.
Click to expand...

More:
Tesoro oil spill: over 20,000 barrels seep into North Dakota wheat field | Environment | theguardian.com

and

http://www.huffingtonpost.com/2013/10/10/north-dakota-oil-spill-tesoro_n_4079323.html
 
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