7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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U.S. crude stockpiles post surprise large build last week, EIA says


U.S. crude oil stockpiles last week posted a large build that took analysts by surprise, as inventories in the Cushing, Oklahoma, storage hub gained while the market continued to recover from a winter storm last month, data from the Energy Information Administration showed on Thursday.

Winter Storm Elliott last month brought subfreezing temperatures and extreme weather alerts to about two-thirds of the United States, forcing oil and gas well freeze-ins at the time.

Crude inventories rose by 8.4 million in the week to Jan. 13 to about 448 million, their highest since June 2021, EIA data showed. Analysts in a Reuters poll had expected a 593,000-barrel drop.

Crude stocks at the Cushing, Oklahoma, delivery hub rose by 3.6 million barrels to 31.4 million, the highest since January 2022, the data showed.

“It’s all a function of the freeze-in still,” Bob Yawger, director of energy futures at Mizuho in New York, said of the build at Cushing. “Nobody is in a hurry to bring back refineries.”

“Until that happens, you’re not going to get a draw,” he added.

Crude production held steady last week at 12.2 million barrels per day and net U.S. crude imports fell by 1.2 million bpd.

Refinery utilization rates rose by 1.2 per cent to 85.3 per cent of total capacity. Utilization rates, however, were above 90 per cent before the storm.

Refinery crude runs rose by about 202,000 bpd.

Gasoline stocks rose by about 3.5 million barrels in the week, the EIA said, compared with analysts’ expectations for a 2.5 million-barrel gain.

Distillate stockpiles, which include diesel and heating oil, fell by 1.9 million barrels in the week, versus expectations for a 122,000-barrel build, the data showed.

Oil prices were mixed on the data and pared gains before recovering. Brent crude futures rose 88 cents to trade at $85.86 a barrel by 11:40 a.m. EST (1640 GMT). U.S. crude futures rose 56 cents to $80.04 a barrel.

https://www.tausiinsider.com/u-s-crude-stockpiles-post-surprise-large-build-last-week-eia-says/?feed_id=323432&_unique_id=63e1a9ae9156f

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