Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

This sure isn't PC- no oil price decline "dividend" this spring

Petroleum supplies down across the board: Energy Dept
By Myra P. Saefong
SAN FRANCISCO (CBS.MW) -- The Energy Department reported a 2.7 million-barrel fall in crude stocks for the week ended Feb 6. Distillate supplies fell by 5.9 million barrels in the latest week, the data showed. Motor gasoline inventories were also down by 1.2 million barrels. Following the news, March crude is at $33.90 per barrel, up 3 cents. March heating oil is up 0.1 cent at 89.9 cents a gallon and March unleaded gasoline is down 0.65 cent at $1.004 a gallon.