Oh btw, NYMEX will finally be going higher due to an inventory shortfall reported this AM. http://www.eia.gov/petroleum/supply/weekly/pdf/highlights.pdf (excerpt) Total products supplied over the last four-week period averaged about 19.4 million barrels per day, up by 1.5% from the same period last year. Over the last four weeks, motor gasoline product supplied averaged 8.9 million barrels per day, and remained unchanged from the same period last year. Distillate fuel product supplied averaged over 3.7 million barrels per day over the last four weeks, down by 0.2% from the same period last year. Jet fuel product supplied is up 3.4% compared to the same four-week period last year. posted note: if one opens above link, note that gasoline production was lower DESPITE increased consumption. This Did Not result in an increase in crude inventories as would be expected. […]

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