Consumption is finally getting reduced - 470,000 bpd less than 2007 in the latest report. (2.3% overall, 2.1% gasoline)

Petroleum Stocks % Chg fr
(Million Barrels) 06/20/08 06/13/08 06/20/07 Prev Week Yr Ago
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Crude Oil (Excluding SPR) (9) 301.8 301.0 352.5 0.3 -14.4
Total Motor Gasoline 208.8 208.9 204.2 0.0 2.3
Reformulated 2.3 2.2 2.2 4.5 4.5
Conventional 104.0 104.0 113.8 0.0 -8.6
Blending Components 102.5 102.7 88.2 -0.2 16.2
Kerosene-Type Jet Fuel 40.5 39.6 41.3 2.3 -1.9
Distillate Fuel Oil (7) 119.4 116.6 123.9 2.4 -3.6
15 ppm sulfur and Under 73.1 72.4 67.3 1.0 8.6
> 15 ppm to 500 ppm sulfur 19.8 19.1 23.9 3.7 -17.2
> 500 ppm sulfur 26.5 25.1 32.7 5.6 -19.0
Residual Fuel Oil 39.3 38.9 36.3 1.0 8.3
Propane/Propylene 39.7 38.5 41.2 3.1 -3.6
Unfinished Oils 85.8 86.6 90.2 -0.9 -4.9
Other Oils (10) 139.5 139.1 145.4 0.3 -4.1

Total Stocks (Excl SPR) (7) 974.7 969.3 1,034.9 0.6 -5.8
Crude Oil in SPR (11) 704.8 704.7 690.3 0.0 2.1
Total Stocks (Incl SPR) (7) 1,679.6 1,674.0 1,725.2 0.3 -2.6