A Key Measure Of Oil Supply Was Already Near 1-Year Low When Storms Froze U.S. Energy Market

, a sign that prices could remain high until the crisis passes. ... [+]

to keep the dirt from dusting up Wednesday, Feb. 17, 2021, in Jackson, Miss., as light snow mixed with sleet, and rain continue to cover much of the state. In spite of the inclement weather, Wednesday's performance of the Dixie National Rodeo is taking place as scheduled. The National Weather Service in Jackson has issued a winter storm warning for parts of Mississippi ahead of another storm system set to impact the region.

The closures at Motiva Enterprises, ExxonMobil, Citgo Petroleum and other energy companies have raised concerns about oil supply, pushing prices to 13-month highs.Crude inventories dropped by 7.3 million barrels in the week ended Feb. 12 to the lowest level since March, 2020, according to the Energy Information Administration data. The decline was nearly three times the size of what analysts had expected. Prices of the U.S.

Keep ruining your country folks

M

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