Feeds:
Posts
Comments

Posts Tagged ‘milestones’

  • Largest-ever one year decline – 151.4 million bbl or 24.4% (see table below)
  • 35.3% decline since 2010 (see chart below)
  • 69 consecutive weeks of decline – 4/9/2021 to 7/29/2022
  • For the first time, broke the 500 million barrel threshold (on the downside): 6/24/2022
  • Lowest inventory since 5/17/1985 when the reserve was still being filled
7/30/2021621.3 million bbls 
7/29/2022469.9 million bbls
EIA data

Read Full Post »