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Author Topic: Oil Drops On US Supplies; Pump Price Down To $3.73 Back to Topics
beta11

Rookie Author
Illinois

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Points:958,360
Joined:Feb 2011
Message Posted: Mar 7, 2013 6:34:10 AM

NEW YORK (AP) — The price of oil fell below $90 a barrel Wednesday after the U.S. government said that crude supplies are now 10 percent higher than a year ago.

At midday, benchmark oil for April delivery was down 79 cents to $90.03 a barrel on the New York Mercantile Exchange. It fell as low $89.55 after the government reported a big increase in the nation's stockpile of oil.

U.S. oil supplies grew last week by 3.8 million barrels, or 0.4 percent, the Energy Department's Energy Information Administration said in its weekly report. Analysts expected an increase of 1.1 million barrels. At 381.4 million barrels, the nation's supply of crude is 10.3 percent above year-ago levels.
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REPLIES (newest first) Post a Reply
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gs7101
Champion Author San Antonio

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Message Posted: Mar 8, 2013 7:42:32 AM

Gas prices are still too damn high!
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NedW
Champion Author Indianapolis

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Message Posted: Mar 8, 2013 5:50:48 AM

Thank you for submitting this article, beta11.
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DrCashFlow
Champion Author Massachusetts

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Message Posted: Mar 8, 2013 3:57:57 AM

noise
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52MPG
Champion Author Dayton

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Message Posted: Mar 8, 2013 2:51:34 AM

Keep on dropping.
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bston
Champion Author Oklahoma City

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Message Posted: Mar 8, 2013 12:19:23 AM

Prices vary across the country.
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investmentdr
Champion Author Cleveland

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Message Posted: Mar 7, 2013 2:19:13 PM

down is good
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dandvicb
Champion Author Bridgeport

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Message Posted: Mar 7, 2013 1:34:13 PM

LOL.... over $4 here!
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ss70
Champion Author Detroit

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Message Posted: Mar 7, 2013 10:38:52 AM

Time for US govt promote nat gas cars and infra along with EVs
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Jeff4U
Champion Author Atlanta

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Message Posted: Mar 7, 2013 10:37:04 AM

This didn't last very long. Crude is now at $91.30
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scu227
Champion Author New Haven

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Message Posted: Mar 7, 2013 9:32:13 AM

Keep on falling!!!!

Supplies are more than ample, production is increasing and demand is down.
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Buckeyee
Champion Author Maine

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Points:1,315,805
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Message Posted: Mar 7, 2013 9:11:08 AM

Up one day, down the next, those oil speculators are playing games. The federal government is no where insight !!
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pilotmass
Champion Author Boston

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Message Posted: Mar 7, 2013 8:48:25 AM

yoyo
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streetdesign
Champion Author Illinois

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Message Posted: Mar 7, 2013 8:28:17 AM

Finally the pump prices reflect the decline but still needs to come down more.
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brbaritone
Champion Author Virginia

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Message Posted: Mar 7, 2013 8:23:35 AM

No change in the Northern Shenandoah Valley. I'm waiting.
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AVKZ
Champion Author Kalamazoo

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Message Posted: Mar 7, 2013 8:02:47 AM

Down to 3.63 here.
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sabre75
Champion Author Florida

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Message Posted: Mar 7, 2013 7:53:25 AM

Low here 3.73
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leeac
Champion Author Ohio

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Message Posted: Mar 7, 2013 7:49:57 AM

Price up, demand down, supply up, price down.
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BigRedVTX
Champion Author Georgia

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Message Posted: Mar 7, 2013 7:43:33 AM

And from East Atlanta to Cornelia, prices are between 3.65 and 3.72
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wrunner
Champion Author Virginia

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Message Posted: Mar 7, 2013 7:34:26 AM

It is $3.43 around here.

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bar1035
Champion Author Charlotte

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Message Posted: Mar 7, 2013 7:16:41 AM

Nobody wants to drop prices along my route
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gs7101
Champion Author San Antonio

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Message Posted: Mar 7, 2013 7:16:00 AM

Gas prices are still too high!
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humblepie
Champion Author Toledo

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Message Posted: Mar 7, 2013 7:11:17 AM

still up $2 a gallon from 1/20/2009
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335d1
Champion Author Virginia

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Message Posted: Mar 7, 2013 7:07:18 AM

I'd like to see the drop in N. VA.
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eyegotgas2
Champion Author British Columbia

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Message Posted: Mar 7, 2013 7:06:36 AM

Prices for gas seem to be going up in BC
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ClarkSC
Champion Author South Carolina

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Message Posted: Mar 7, 2013 7:03:19 AM

Where?
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Rockyguitar
Champion Author Tampa

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Message Posted: Mar 7, 2013 6:38:11 AM

Big flippin deal!!!
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