<We breathe it out, so it must be OK The Oil Drum DrumBeat: May 19, 2006>

117 comments on May IEA Oil Market Report

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smekhovo on May 18, 2006 - 5:38am Permalink | Subthread | Comments top
The EIA has been 0,3 mb or more below the IEA as many months as not since July 2005, and there have been no months where the difference was as substantial in the other direction.
I don't know of an earlier period where a systematic bias seemed to be appearing like that.
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smekhovo on May 18, 2006 - 5:53am Permalink | Subthread | Parent | Comments top
And as you noted, Stuart, the EIA almost always used to revise downward, but the last couple have not been downward.
So one wonders a little bit whether the EIA people have got a memo to highball everything.
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smekhovo on May 18, 2006 - 5:55am Permalink | Subthread | Parent | Comments top
Aaaargh! Read IEA for EIA in that last comment.
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117 comments on May IEA Oil Market Report

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