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Author Topic: EIA: Refinery maintenance kicks into high gear Back to Topics
PD
Moderator
Message Posted: Mar 13, 2013 10:35:36 AM

The Energy Information Administration released its weekly report on the status of petroleum inventories in the United States today.

Here are some highlights:

CRUDE INVENTORIES:
Crude oil inventories increased by 2.6 million barrels to a total of 384.0 million barrels. At 384.0 million barrels, inventories are 36.5 million barrels above last year (10.5%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 3.6 million barrels to 224.3 million barrels. At 224.3 million barrels, inventories are down 3.8 million barrels, or 1.7% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (-0.6mb); Midwest...

Visit GasBuddy Blog for full article
REPLIES (newest first) Post a Reply
WanderDan
All-Star Author Dayton

Posts:670
Points:455,035
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Message Posted: Mar 25, 2013 1:03:41 AM

old news.. they just keep the prices where they want
WanderDan
All-Star Author Dayton

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Message Posted: Mar 21, 2013 5:11:45 PM

scams by thieves..
honda0105
Champion Author Tallahassee

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Message Posted: Mar 18, 2013 12:06:15 AM

street: of course... that's the only way Pig Oil manages to still reap massive profit margins in a world economy that's stalled at best.
honda0105
Champion Author Tallahassee

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Message Posted: Mar 17, 2013 12:34:48 AM

get ready for another round of BOHICA.
honda0105
Champion Author Tallahassee

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Message Posted: Mar 17, 2013 12:34:31 AM

akita: good question lol. Greed?
akitaone
Champion Author Tampa

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Message Posted: Mar 14, 2013 10:10:54 PM

why?
OldMan322
Champion Author Illinois

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Message Posted: Mar 14, 2013 9:47:07 AM

"streetdesign" The life of 'Big Oil'
streetdesign
Champion Author Illinois

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Message Posted: Mar 14, 2013 8:32:23 AM

Refinery maintenance goes on every year so the crude prices should have factored that in. They love to put it to the consumer everytime there are negative issues that could diminish supplies despite the poor economic conditions.
nb52
Champion Author Grand Rapids

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Message Posted: Mar 14, 2013 6:29:29 AM

EIA bureaucrats - unnecessary and over paid.
76chevy
Champion Author Toledo

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Message Posted: Mar 14, 2013 6:07:36 AM

The obama regime wants lower inventories too, the stated goal is gas at 8-10 dollars a gallon to discourage people from using gas.
duane7810
Champion Author Illinois

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Message Posted: Mar 14, 2013 6:01:48 AM

The refinery folks want shortages. Why? Higher margins on their product. Simple economics and screw the public!
Zuman
Champion Author New York

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Message Posted: Mar 14, 2013 6:00:26 AM

Higher prices.

[Edited by: Zuman at 3/14/2013 6:00:57 AM EST]
bikerWI
Champion Author Milwaukee

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Message Posted: Mar 14, 2013 6:00:14 AM

Anything to raise the prices.
Ringmaster2008
Champion Author Ontario

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Message Posted: Mar 14, 2013 5:57:29 AM

Only effect will be to raise the price at the pumps
Alderaan
Champion Author Greenville

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Message Posted: Mar 14, 2013 5:55:22 AM

Will this make a difference? Doubt it.
LeeFree
Champion Author Pittsburgh

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Message Posted: Mar 14, 2013 5:55:15 AM

Refinery maintenance always seems to translate to rising prices.
chuckohio
Champion Author Columbus

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Message Posted: Mar 14, 2013 5:54:34 AM

Hopefully they will complete soon so prices can come down
bassakwards007
Champion Author Orange County

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Message Posted: Mar 14, 2013 5:54:31 AM

Vicious cycle
Petrock
Champion Author Lexington

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Message Posted: Mar 14, 2013 5:54:27 AM

If gasoline inventories are down, I'm sure big oil will not be able to resist pushing prices way up. Time will tell.
twt
Champion Author Virginia Beach

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Message Posted: Mar 14, 2013 5:52:43 AM

Don't believe everything, that you read.
kirzon484
Champion Author Atlanta

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Message Posted: Mar 14, 2013 5:52:28 AM

old news
mia3bxs
All-Star Author Miami

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Message Posted: Mar 14, 2013 5:48:58 AM

Here we go again!
TommyTraveler
Champion Author Cincinnati

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Message Posted: Mar 14, 2013 5:48:53 AM

Facts can obscure the truth.
Redink
Champion Author Indianapolis

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Message Posted: Mar 14, 2013 5:48:31 AM

Finding any reason to raise prices.
djp071158
Champion Author Detroit

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Message Posted: Mar 14, 2013 5:48:29 AM

If the govt really wants to help us, they would have the people in charge of all the refineries together and have them coordinate their maintenances. A long time ago, they did that with the railroads. Each carrier owned their own track. The govt forced them to standardize the track width, depth of the rails, and then they went after the car makers, standardizing the car coupling. They can do the same thing with coordination of refinery maintenance.
pitamon
Champion Author Philadelphia

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Message Posted: Mar 14, 2013 5:45:25 AM

Screwing us.
warlord1
Champion Author Georgia

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Message Posted: Mar 14, 2013 5:44:46 AM

ok
FMREALTOR
Champion Author Florida

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Message Posted: Mar 14, 2013 5:42:48 AM

This is how gasoline prices are high. We need more refineries to offset this.
Lengas
Champion Author Gary

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Message Posted: Mar 14, 2013 5:42:14 AM

up up and away go the gas prices
WestDriver
Champion Author Grand Rapids

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Message Posted: Mar 14, 2013 5:40:16 AM

Hope they get the gasoline inventory up by summer.
2parrots
Champion Author Massachusetts

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Message Posted: Mar 14, 2013 5:39:18 AM

with news like this we need vaseline as much as gasoline
GLM4205
Champion Author Toledo

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Message Posted: Mar 14, 2013 5:37:21 AM

Same old same old 3.47-3.79 avg. gas prices...
sailfreeMI
Champion Author Michigan

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Message Posted: Mar 14, 2013 5:33:37 AM

Blah, blah, blah....
Bus936
Champion Author Lexington

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Message Posted: Mar 14, 2013 5:32:04 AM

More useless rhetoric again this week.
Foxt
Champion Author Minnesota

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Message Posted: Mar 14, 2013 5:31:41 AM

Amazing we haven't seen the usual bump yet.
isem
Champion Author Missouri

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Message Posted: Mar 14, 2013 5:29:46 AM

Bend over...
aburns20
Champion Author Virginia Beach

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Message Posted: Mar 14, 2013 5:28:31 AM

Should have been scheduled so that no high gear was necessary.
Glock26
Champion Author Dayton

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Message Posted: Mar 14, 2013 5:28:09 AM

Sounds like a good reason to ripe off the public, not that the oil company's need a reason!!!
epf
Champion Author Grand Rapids

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Message Posted: Mar 14, 2013 5:27:16 AM

And around and around we go.
Pozole
Champion Author Portland

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Message Posted: Mar 14, 2013 5:26:37 AM

...pig oil profits kicks into high gear...
billy44bo
Champion Author Mobile

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Message Posted: Mar 14, 2013 5:26:33 AM

It is just a big numbers game to keep GREED runing the oil market.
jacob5066
Champion Author College Station

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Message Posted: Mar 14, 2013 5:23:32 AM

Maintenance is going to happen and when it does prices normally go up.
AvantiMick
Champion Author Indiana

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Message Posted: Mar 14, 2013 5:22:52 AM

We all know these numbers don't affect gas prices. IF they'd quit exporting our gasoline, the inventories would stay about the same!
pper
Champion Author Grand Rapids

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Message Posted: Mar 14, 2013 5:22:28 AM

old
FieroGT
Champion Author Twin Cities

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Message Posted: Mar 14, 2013 5:22:10 AM

Refinery maintenance up, crude inventories up, gasoline inventories dowm, summer gas switch coming soon. Sure sounding like the industry is positioning to justify pump price increases. Look out!
Bonanza
Champion Author Boston

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Message Posted: Mar 14, 2013 5:21:07 AM

Yesterday's news
74celica
Champion Author Columbus

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Message Posted: Mar 14, 2013 5:20:59 AM

latest excuse to raise prices
raccoon2011
Champion Author Massachusetts

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Message Posted: Mar 14, 2013 5:20:25 AM

old news
zorgchris
Champion Author Massachusetts

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Message Posted: Mar 14, 2013 5:14:42 AM

Ok
gabisgram
Champion Author Michigan

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Message Posted: Mar 14, 2013 5:14:34 AM

Factories have to do maintenance.
getchaz
Champion Author Tucson

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Message Posted: Mar 14, 2013 5:13:55 AM

interesting
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