The Energy Information Administration (EIA) reported yet another monster build to crude inventories for the week ended February 27, 2015. The latest Weekly Petroleum Status Report added 10.3 million barrels to inventories that are already believed to be the highest on record. Timothy Hess, a Petroleum Expert with the EIA, had recently told Oil & Gas 360® that a combination of companies trading on the future strip price and increased production on a per-rig basis are two main contributors to an inventory that has averaged a build of more tha...


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