---
title: "Crude Products"
url: https://independentstockanalysis.com/crude-products/
description: "“America met 83 percent of its energy needs in the first six months of the year , department data show.” Financial Post Oil Recovers From Eight-Week Low…"
published: 2012-09-27
updated: 2012-09-27
---

# Crude Products

Published 2012-09-27

Posted on

by

J.J. Butler

“America met 83 percent of its energy needs in the first six months of the year, department data show.” [Financial Post](http://business.financialpost.com/2012/09/26/america-growing-more-energy-independent/)

Oil Recovers From Eight-Week Low After U.S. Inventories Dropped at [Bloomberg](http://www.bloomberg.com/news/2012-09-26/oil-trades-near-eight-week-low-on-weaker-demand-european-crisis.html).

“…oil inventories still remain at record highs for this time of year.” [Bespoke](http://www.bespokeinvest.com/thinkbig/2012/9/26/oil-inventories-surprise-to-the-downside-but-still-at-record.html). Wicked: Oil supply/demand vs price: [Yardeni](http://blog.yardeni.com/2012/09/wicked.html).

The Emerging Threat to Oil Prices: [WSJ](http://online.wsj.com/article/SB10000872396390444083304578018621762741256.html?mod=rss_markets_main). (Google the title to read the entire informative piece.)

Yet, Gasoline prices remain ‘stubbornly high’ at [Fuel Fix](http://fuelfix.com/blog/2012/09/26/gasoline-prices-remain-stubbornly-high/). While crude oil is flush, products are tight: Chartfest at [BMO](http://www.investorvillage.com/uploads/13230/files/PetroleumStorageCharts26-September-12.pdf).

“Today, you’ve had almost a 50– or 40-per-cent increase in [natural] gas prices, but the offsetting decline in NGL pricing has effectively made average pricing for a gas-focused producer the same,” Mr. Mageau said. “You’re realizing the same price today as you were in April.” [Globe and Mail](http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/rush-to-liquids-backfires-for-natural-gas-producers/article4570777/).

Pathetic electric car sales: [Green Car Congress](http://www.greencarcongress.com/2012/09/augustpevsales-20120905.html).