Big fan of John Kemp. If you haven't signed up for his FREE daily emails I would recommend it.

I post charts for oil, LNG and NG on my Twitter account

https://twitter.com/Ronh999

My Tableau charts are available here.

https://public.tableau.com/profile/ron.h8870

ron99 

I post charts for oil, LNG and NG on my Twitter account https://twitter.com/Ronh999 My Tableau charts are available here. https://public.tableau.com/profile/ron.h8870

I see consultancy in your future, move over Hightower!

Just saw this comment which surprised. Took a look at your tableau but didnt see any export info.
"In 2016, the U.S. exported 9 time more petroleum products than crude oil. Keep that in mind."

Okay found it...



That really isn't something I had considered.

SMCJB 

Okay found it... That really isn't something I had considered.

What are the implications of that?

SMCJB 

I see consultancy in your future, move over Hightower! Just saw this comment which surprised. Took a look at your tableau but didnt see any export info. "In 2016, the U.S. exported 9 time more petroleum products than crude oil. Keep that in mind."

Some exports are in Energies-Weekly Data
https://public.tableau.com/profile/ron.h8870

xplorer 

What are the implications of that?

Well in terms of crude oil stocks, none really, the stocks are what they are. In the big picture though it means we continue to import crude oil, even if it is only to increase refinery utilization, and then export the produced products. Which I suppose points to how effective US refining is.

I added exports to my Energies-Monthly Data. https://public.tableau.com/profile/ron.h8870

EIA is usually 2 months behind on giving monthly data. Their last release was Dec 2016. Jan should be released next week.

Here are petroleum products



Here are crude oil exports

SMCJB 

Well in terms of crude oil stocks, none really, the stocks are what they are. In the big picture though it means we continue to import crude oil, even if it is only to increase refinery utilization, and then export the produced products. Which I suppose points to how effective US refining is.

Thanks S.

Interesting, as my understanding was that Crude Oil stocks were at record high levels because of US shale producers. That was cited as a potential factor for which OPEC cuts did not appear to have a material impact on stocks.

This may be of interest.

https://www.ft.com/content/3718ad36-76d7-11e6-bf48-b372cdb1043a