Wednesday, March 07, 2007

Quick Overview

  • The Federal Reserve said consumer credit increased at an annual rate of 3.2% in January to $2.41 trillion.

  • The U.S. Department of Energy said that:
    Supplies of crude oil were down 4.8 million barrels last week,
    Supplies of gasoline were down 3.8 million barrels
    Supplies of heating oil were down 1.5 million barrels.
    Gasoline demand was up 3.3% YoY
    Distillate demand was up 7.8% YoY

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