Not Logged In Log In   Sign Up   Points Leaders
Follow Us    6:42 PM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: EIA to cease weekly inventory data due to US budget impasse Back to Topics
highdesertman

Champion Author
Albuquerque

Posts:4,178
Points:2,053,900
Joined:Mar 2005
Message Posted: Oct 11, 2013 5:49:38 PM

The U.S. Energy Information Administration on Friday said it will not publish its weekly inventory and other data after today due to funding issues related to the government shutdown.

EIA said it will cease operations and furlough staff at the end of the day

Visit Reuters Via CNBC for full article
REPLIES (newest first) Post a Reply
Profile Pic
TruthMatters
Champion Author New Jersey

Posts:3,348
Points:831,715
Joined:Oct 2011
Message Posted: Oct 13, 2013 11:03:37 AM

good!
Profile Pic
zuess28
Champion Author Allentown

Posts:1,602
Points:342,175
Joined:Mar 2013
Message Posted: Oct 13, 2013 9:24:22 AM

What will we do with out this report?
Profile Pic
52MPG
Champion Author Dayton

Posts:8,950
Points:2,078,380
Joined:Apr 2006
Message Posted: Oct 13, 2013 5:05:08 AM

Time for private industry to take over.
Profile Pic
scu227
Champion Author New Haven

Posts:5,970
Points:1,108,780
Joined:Feb 2011
Message Posted: Oct 12, 2013 2:19:48 PM

Useless inaccurate information anyway. Eliminate them !!!!!
Profile Pic
Jeff4U
Champion Author Atlanta

Posts:10,500
Points:2,188,840
Joined:Nov 2004
Message Posted: Oct 12, 2013 11:26:51 AM

This means we will only have the incredibly inaccurate API report on Tuesdays.
Profile Pic
ClarkSC
Champion Author South Carolina

Posts:4,695
Points:1,347,680
Joined:May 2010
Message Posted: Oct 12, 2013 10:46:19 AM

Who cares.
Profile Pic
highdesertman
Champion Author Albuquerque

Posts:4,178
Points:2,053,900
Joined:Mar 2005
Message Posted: Oct 12, 2013 9:48:42 AM

Looks like GasBuddy will have to come up with a new blog topic this week.
Profile Pic
c0wb0y
Champion Author Denver

Posts:1,165
Points:1,075,305
Joined:Sep 2005
Message Posted: Oct 12, 2013 8:59:10 AM

Uncertainty over overall inventory levels will be an upward driver on prices.
Profile Pic
Anty57
Champion Author Montreal

Posts:1,241
Points:762,660
Joined:Apr 2011
Message Posted: Oct 12, 2013 8:23:36 AM

ok
Profile Pic
FPLREP
Champion Author Virginia

Posts:10,027
Points:2,782,885
Joined:Oct 2005
Message Posted: Oct 12, 2013 7:33:14 AM

I can just imagine the Obama administration meeting..."who has an idea to shutdown something that hurts the US and makes us look right?" anyone...anyone?
Profile Pic
VMIJim
Champion Author Alabama

Posts:2,082
Points:442,175
Joined:Jan 2013
Message Posted: Oct 12, 2013 7:05:58 AM

And I am supposed to care? The fact is the Oblamer Administration is too big & out of control with plenty of cuts coming if they want a debt ceiling deal.
Profile Pic
reidlej
Champion Author Columbus

Posts:1,563
Points:931,600
Joined:Jul 2011
Message Posted: Oct 12, 2013 6:52:53 AM

No sleep lost on this one.
Profile Pic
werich44
Champion Author California

Posts:3,560
Points:806,250
Joined:Jun 2011
Message Posted: Oct 12, 2013 3:53:26 AM

What a shame, we won't be getting any more incorrect information from the EIA for a while.
Profile Pic
SBlouch
Champion Author San Antonio

Posts:10,222
Points:2,157,115
Joined:Apr 2007
Message Posted: Oct 12, 2013 2:06:37 AM

It would be even better if the EIA would be closed permanently.
Profile Pic
2b0b
Champion Author Tulsa

Posts:1,451
Points:491,375
Joined:Sep 2012
Message Posted: Oct 12, 2013 1:58:43 AM

Bad news for the EIA. It will be worse news for them if the API data released a day earlier becomes the report to watch.
No one in government want to believe that the API or any other industry would publish accurate data without the spin.

[Edited by: 2b0b at 10/12/2013 2:01:02 AM EST]
Profile Pic
Winatgas
Champion Author Kentucky

Posts:1,909
Points:447,030
Joined:Aug 2012
Message Posted: Oct 12, 2013 12:56:36 AM

Interesting dilemma - some groups need these government reports to transact their business. Might be a good idea to find another source if it is that important for the welfare of the company.
Profile Pic
foreyearrunner
Champion Author Illinois

Posts:1,055
Points:337,300
Joined:Oct 2011
Message Posted: Oct 12, 2013 12:36:21 AM

Trying to make the shutdown as painful as possibl
Profile Pic
LostInNY
Champion Author New York

Posts:3,383
Points:984,575
Joined:Apr 2011
Message Posted: Oct 12, 2013 12:29:50 AM

oh well..
Profile Pic
rahcat
Champion Author Grand Rapids

Posts:4,360
Points:1,000,825
Joined:Jan 2010
Message Posted: Oct 12, 2013 12:24:52 AM

Best news I have heard in months.
Profile Pic
Patriots9
Veteran Author Naples

Posts:341
Points:183,485
Joined:Sep 2013
Message Posted: Oct 11, 2013 11:51:31 PM

Whatever
Profile Pic
nurdco
Champion Author Colorado Springs

Posts:11,750
Points:2,032,265
Joined:Apr 2008
Message Posted: Oct 11, 2013 11:09:01 PM

Will not miss the Liars
Profile Pic
Tekkersmom57
Champion Author Syracuse

Posts:3,537
Points:1,032,550
Joined:May 2010
Message Posted: Oct 11, 2013 11:02:31 PM

Good, maybe now there won't be so much fluctuation in oil prices every Wed. after they post their weekly report! It would be nice if supply and demand would actually dictate the oil price!
Profile Pic
Nicoalbum
Champion Author Ottawa

Posts:7,883
Points:1,525,935
Joined:Jan 2010
Message Posted: Oct 11, 2013 10:45:23 PM

Nobody has died from less bureaucracy
Profile Pic
TomT2Lee
Champion Author Cincinnati

Posts:6,330
Points:1,866,700
Joined:Sep 2005
Message Posted: Oct 11, 2013 10:38:15 PM

Good. Another batch of over-cooked data down the drain.
Profile Pic
dudleydog
All-Star Author New Hampshire

Posts:950
Points:470,530
Joined:Aug 2008
Message Posted: Oct 11, 2013 9:58:31 PM

Is this really going to be missed
Profile Pic
lisenclose
Champion Author Jacksonville

Posts:1,314
Points:165,660
Joined:Jul 2013
Message Posted: Oct 11, 2013 8:01:37 PM

job cuts, its the 99% who gonna feel the pain
Profile Pic
humblepie
Champion Author Toledo

Posts:48,893
Points:2,709,965
Joined:Mar 2006
Message Posted: Oct 11, 2013 7:41:25 PM

just another useless government agency, nobody wont miss
Profile Pic
montpelier28
Champion Author Vermont

Posts:2,238
Points:1,109,945
Joined:Apr 2010
Message Posted: Oct 11, 2013 7:33:28 PM

Won't they still be getting paid, the whole thing is stupid.
Profile Pic
batloverNM
Champion Author Albuquerque

Posts:4,209
Points:1,425,435
Joined:Oct 2007
Message Posted: Oct 11, 2013 7:26:33 PM

End the shutdown. It is supposed to be costing the US economy $300,000,000 a day.
Profile Pic
velichita
Champion Author New Jersey

Posts:1,572
Points:447,045
Joined:Dec 2012
Message Posted: Oct 11, 2013 6:49:33 PM

Who cares.
Profile Pic
YodaON
Champion Author Ottawa

Posts:4,532
Points:1,109,910
Joined:Jan 2011
Message Posted: Oct 11, 2013 6:33:52 PM

won't miss it
Profile Pic
Ken2OD
Champion Author Grand Rapids

Posts:10,761
Points:2,308,610
Joined:Dec 2005
Message Posted: Oct 11, 2013 6:27:39 PM

Now we won't have any method to verify all their lies.
Profile Pic
Suzzoom
Champion Author Nevada

Posts:3,946
Points:836,325
Joined:Jan 2011
Message Posted: Oct 11, 2013 6:02:47 PM

Exactly, mastermariner--won't break my heart.
Profile Pic
mastermariner
Champion Author Texas

Posts:11,399
Points:812,160
Joined:Jun 2011
Message Posted: Oct 11, 2013 6:00:34 PM

Not that it will make any difference except to the traders
Post a reply Back to Topics