Crude OIL stokcs EIA numbers

United States Crude Oil Stocks
asr: interesting 5 year diff etc.., we need to use this iea above graphs to get the corresponding data from EIA site ( in spreadsheet ) to see where is 340 million barrels data etc..
- imp note point is in MAY 09 , oil stock buildup reached peak with respect to 5 year avg. build then prices tanked to $56/barrel , we need to use this analysis in stockcharts along with our Timers. this as one Timer.
OST: Oil Stocks Timer


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Crude oil stocks EIA numbers
- we need to get them in excel -> csv -> and then display as Indicator with Moving avg. in stockcharts
- it shows oil stocks big numbers , where as report show it as 360 million barrels , we need to find where to get that number from EIA site
- other source for correct OIL stocks numbers is hightowerreport.com , they have PDF with all the numbers, we can type those numbers into excell.
- good data entry can be done with Excell ( i.e OPEN office Excel), any body can do it it is free s/w and easy to modify and print. Once done can be read as .csv file by PHP or any other code. do not do any WEBFORM etc..
- even somebody needs to modify over web , let them download current .csv , open in OPENoffice Exel modify it and upload. Othereasy way is to edit as Google Spreadsheet anybody can do it and we can access it later by PHP and display on WEB.

http://tonto.eia.doe.gov/dnav/pet/pet_stoc_typ_d_nus_SAE_mbbl_m.htm

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Over the last four weeks, the EIA (US govt. agency ) said,
motor gasoline demand was down 4.3 percent from the same period last year (2007).
Distillate fuel demand was down 5.8 percent,
and jet fuel demand was down 9.2 percent.

"It's the demand numbers that are the most worrisome to the market," Rigby said.

asr: avarage 5% decline over year for big oil user like USA is huge thing, for the reduced funamental demand for crude oil.

The Energy Information Administration (US govt. agency ) said Wednesday crude inventories jumped by 3.2 million barrels last week, above the 2.9 million barrel increase expected by analysts surveyed by energy information provider Platts. Gasoline inventories rose by 2.7 million barrels last week, and inventories of distillates, which include heating oil and diesel, rose by 2.2 million barrels.