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February 6, 2012

February 2012 Newsletter

News from North America February 1, 2012 In the style of our esteemed college Anders Lundström, I will open this newsletter with a brief discussion on weather.  North America is experiencing its mildest winter in decades at the same time that Central and Eastern Europe are experiencing their coldest.  Here in Ann Arbor the majority of daytime temperatures during January have been well above freezing as we end the month at + 12 deg C.  Heating oil reserves in the U.S are at their highest for this time of year and it is estimated that our national storage capacity will be reached by mid-summer.  It is a safe bet that that diesel exports from the U.S. will be up this year.  I am always amazed how Mother Nature works – taunting part of the world with warmth and hammering the other with cold.  Being from a northern country I love...
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