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U.S. Department of Energy
Office of Scientific and Technical Information

Petroleum supply monthly, October 1988

Technical Report ·
OSTI ID:6577193
Total US demand for petroleum products (measured as product supplied) averaged 17.5 million barrels per day in October 1988, 0.7 million barrels per day above the level for September and 0.5 million barrels per day above the level for October 1987. Total product supplied through the first 10 months of 1988 was 2.4 percent higher than during the same period of 1987. Increased demand for distillate and residual fuel oil together accounted for most of the increase in total product supplied in October 1988. Other highlights for October 1988 include the following: total product stocks decreased 9.8 million barrels to 734.5 million barrels; crude oil stocks, excluding the Strategic Petroleum Reserve (SPR), rose 11.2 million barrels in October to 339.6 million barrels; crude oil imports, excluding SPR, averaged 5.5 million barrels per day, 0.4 million barrels per day above the level for September, this was the highest monthly level since April, 1980; and refinery utilization decreased for the second consecutive month, dropping from 83.7 percent in September to 83.5 percent in October. 12 figs., 8 tabs.
Research Organization:
USDOE Energy Information Administration, Washington, DC. Office of Oil and Gas
OSTI ID:
6577193
Report Number(s):
DOE/EIA-0109(88/10); ON: DE89005528
Country of Publication:
United States
Language:
English