As of August 19 (the most recent data available), U.S. commercial crude oil inventories were well above the average range for this time of year. However, gasoline inventories were at the lower end of the average range, and with demand growing at a 1.6 percent rate over the most recent 4-week period, in terms of the amount of days gasoline inventories would supply, they are very low. Distillate inventories remain above the average range for this time of year. Inventory data as of August 26 will be available at 10:30 am ET on Wednesday, August 31.

From MMS:

Today’s shut-in oil production is 1,427,969 BOPD. This shut-in oil production is equivalent to 95.20% of the daily oil production in the GOM, which is currently approximately 1.5 million BOPD. Today’s shut-in gas production is 8.798 BCFPD. This shut-in gas production is equivalent to 87.99% of the daily gas production in the GOM, which is currently approximately 10 BCFPD. The cumulative shut-in oil production for the period 8/26/05-8/30/05 is 4,635,751 bbls, which is equivalent to 0.847% of the yearly production of oil in the GOM (approximately 547.5 million barrels). The cumulative shut-in gas production for the period 8/26/05-8/30/05 is 25.441 BCF, which is equivalent to 0.697% of the yearly production of gas in the GOM (approximately 3.65 TCF).