Haymaker Daily

One energy fallacy after another...

Hello, Haymakers:

Following up on yesterday’s Daily on the stealth erosion of global refined product inventories — such as jet fuel and gasoline — the always reliable energy authority, John Kemp, recently published a visual that drives this home. The U.S. has some of the planet’s most accurate inventory data and, as you can see below, those have been significantly drawn down for “The Big Three”.