Oil Demand – SRSrocco Report

Oil Demand

ENERGY CLIFF: The Regions That Will Be Impacted The Most

Posted by SRSrocco in Energy, Silver Members on January 19, 2021 — 12 comments

When the world heads over the ENERGY CLIFF, certain regions will be impacted more than other areas. The most oil-dependent regions will find it quite difficult to continue business-as-usual as the oil supply begins its inevitable decline. Over the past decade, the global oil industry increased the production of…

FIRST STAGE OF OIL DEMAND DESTRUCTION: U.S. Supply Of Petroleum Products Down 7 Million Barrels Per day

Posted by SRSrocco in Energy, News, Silver Members on April 13, 2020 — 29 comments

The U.S. is only in the FIRST STAGE of the country’s oil demand destruction. Since the nationwide shutdown announced by the U.S. Government in mid-March, domestic oil demand has fallen more than 7 million barrels per day. In just the past three weeks, the total U.S. petroleum products supplied to…