The East Coast Oil outlook is very much rosierstatistically. But oil-parched Easterners can't quite make plans for joy rides yet.
This quarter, with tank-car deliveries already above 900,000 bbl. a day, total supplies should average 1.4 million bbl. a day, only 200,000 below normal, prewar consumption. A clear surplus is visible if the savings (150,000 bbl. from conversion to other fuels, and 335,000 bbl. from gasoline and fuel-oil rationing) are subtracted from the 1.6 million bbl. prewar demand.
Further, the eastward oil flow will be swelled in two ways:
> Next summer, extension of the Big Inch to New York and Philadelphia...