Solid Growth and Cold Weather Erode Distillate Stocks

Distillate stocks declined in the latest week and are currently above the average range for this time of year.  The last week of the year is generally a time where crude oil stocks decline while distillate stock increase, but the colder than normal weather than have covered most of the United States over the past 2-weeks could buck the trend.  Natural gas stocks are also near the middle of the 5-year…