Tamarack Valley Energy Ltd T.TVE

Inventories

[BigJake]

API - 2.48 mbrl build YTD - 12.585 mbrl build 

EIA - 1.825 mbrl build YTD - 22.277 mbrl build 

WCS - 68.96 WTI DIFF - 11.10

 

Small builds from both API and EIA this week, not what we were looking for but at least WCS differential tightened a bit. GLTA Longs 

[cre8value4me]

How can we have year to date builds and market punditr like Eric and others say inventories are at 5 year lows. Can someone please help this simple man grasp all this confusing/conflicting data?

[Frank007]

Check out line 13 of the Eia report and that's how ...lol ...those are what is known as air barrels ...pulled out of thin air called the plug ....it's the American con game ...lol

[BigJake]

Actually we can, we were near five year lows coming into this year and our year to date build is about 1 days use for the US. What Eric never predicted was the huge release in the SPR prior to the midterms. Still waiting to see what's in store before November.