U.S. Inventories

The recession in the US has affected the Stockpiles as they climbed 6.18 million barrels to 311.6 million in the week ended March 7, the Energy Department said.Gasoline inventories rose 1.69 million barrels to 236 million, the highest since 1993.
Supplies of distillate fuels, a category that includes heating oil and diesel, fell 1.23 million barrels to 116.4 million barrels last week, the report showed.
U.S. crude-oil inventories in the week ended March 7 were 1.9 percent above the five-year average for the period, the department said. Gasoline stockpiles were 11 percent above the five-year average.
Falling Demand
Total implied fuel demand averaged 20.5 million barrels a day in the past four weeks, down 2.7 percent from a year earlier, the report showed.
U.S. crude-oil use typically falls at this time of year when refiners schedule repairs and upgrades as U.S. heating-fuel demand slows and before warmer weather spurs an increase in gasoline consumption. Refineries operated at 85 percent of capacity last week, down 0.9 percentage point from the week ended Feb. 29. So this is the path the world economy is taking...if this goes on much longer the US will rapidly change, the quality of life the US has will decline, a series of infrastructures will collapse ... all this can happen if the dollar remains as is...wake up America...