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Author Topic: Gasoline production drops, as do crude and gasoline inventories Back to Topics
PD
Moderator
Message Posted: Mar 20, 2013 10:36:01 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 decreased by 1.3 million barrels to a total of 382.7 million barrels. At 382.7 million barrels, inventories are 36.4 million barrels above last year (10.5%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 1.5 million barrels to 222.8 million barrels. At 222.8 million barrels, inventories are down 4.1 million barrels, or 1.8% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (-0.1mb); Midwest...

Visit GasBuddy Blog for full article
REPLIES (newest first) Post a Reply
phpearso
Veteran Author Indiana

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Message Posted: Mar 26, 2013 3:21:14 PM

ain't that just wonderful!
honda0105
Champion Author Tallahassee

Posts:24,069
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Message Posted: Mar 25, 2013 5:48:30 AM

W-Dan: PD's blogs are NEVER news.. they're BLOGS.
WanderDan
All-Star Author Dayton

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Points:446,635
Joined:Nov 2012
Message Posted: Mar 24, 2013 12:32:51 PM

more old news... more ways for the thieves to steal
honda0105
Champion Author Tallahassee

Posts:24,069
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Joined:Nov 2008
Message Posted: Mar 24, 2013 8:24:26 AM

yup, get ready for higher pump prices again.
retmsg79
Rookie Author Gasbuddy

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Points:265,645
Joined:Mar 2011
Message Posted: Mar 23, 2013 6:22:23 PM

More price increases.
honda0105
Champion Author Tallahassee

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Joined:Nov 2008
Message Posted: Mar 23, 2013 6:54:57 AM

get ready for more BOHICA after Easter / Spring Break.
wshutton
Champion Author Albuquerque

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Message Posted: Mar 21, 2013 2:09:26 PM

LA prices are finally starting to fall.
FocusST2
Champion Author North Carolina

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Joined:Jul 2009
Message Posted: Mar 21, 2013 6:07:42 AM

Prepping us for higher gas prices next week.
csnvcas
All-Star Author Illinois

Posts:994
Points:236,980
Joined:Nov 2012
Message Posted: Mar 21, 2013 6:01:12 AM

Ok
Ringmaster2008
Champion Author Ontario

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Joined:Apr 2008
Message Posted: Mar 21, 2013 5:59:13 AM

Getting ready for the spring price hike
D4444J
Champion Author Albuquerque

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Points:1,355,245
Joined:Aug 2011
Message Posted: Mar 21, 2013 5:57:44 AM

Manipulation for Greed!
fillerupyeoww
Champion Author Columbus

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Message Posted: Mar 21, 2013 5:57:37 AM

Anything to gouge up the pump prices.
LeeFree
Champion Author Pittsburgh

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Joined:Jun 2005
Message Posted: Mar 21, 2013 5:57:26 AM

Pump prices stable here.
MopedTime
Champion Author Michigan

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Points:934,780
Joined:Mar 2012
Message Posted: Mar 21, 2013 5:56:32 AM

Price is still way too high
isem
Champion Author Missouri

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Joined:Feb 2012
Message Posted: Mar 21, 2013 5:55:42 AM

Read this yesterday...
gabisgram
Champion Author Michigan

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Joined:Sep 2006
Message Posted: Mar 21, 2013 5:55:40 AM

Still a lot of inventory. Why are the prices too high?
danny999
Champion Author Florida

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Message Posted: Mar 21, 2013 5:54:49 AM

And immediately gas jumped 8/10 cents on Commex.
madison8359
Champion Author Cleveland

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Message Posted: Mar 21, 2013 5:54:25 AM

Who cares pump prices are still high.
Petrock
Champion Author Lexington

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Message Posted: Mar 21, 2013 5:53:43 AM

Good news - good news!! Inventories down, prices up and up and away!!
oas
Champion Author Maryland

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Message Posted: Mar 21, 2013 5:50:34 AM

old news
djp071158
Champion Author Detroit

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Message Posted: Mar 21, 2013 5:49:41 AM

up. down. up. down.
jeff95519
Champion Author California

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Message Posted: Mar 21, 2013 5:48:32 AM

up then down or is it down the up i'm so confused
neptune2008
Champion Author Michigan

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Message Posted: Mar 21, 2013 5:48:07 AM

and off to our slave labor we go to pay
Redink
Champion Author Indianapolis

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Message Posted: Mar 21, 2013 5:45:49 AM

Gasoline down, but not based on usage. Big oil is playing with us.
hockey_24
Champion Author KW

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Message Posted: Mar 21, 2013 5:42:36 AM

ok
lewpuckett
Champion Author Georgia

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Joined:Mar 2011
Message Posted: Mar 21, 2013 5:42:08 AM

nothing to make prices go below $2 a gallon though
aburns20
Champion Author Virginia Beach

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Joined:Dec 2010
Message Posted: Mar 21, 2013 5:41:15 AM

Would be nice to see a drop in the prices at the pumps but then again, all the prices around me have just gone up $.10 per gal.
RocketGeek
Champion Author Grand Rapids

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Message Posted: Mar 21, 2013 5:39:39 AM

Single-digit percentages do not a crisis make.
stpetebp
Champion Author Tampa

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Message Posted: Mar 21, 2013 5:37:51 AM

Where?
JSX515
Champion Author St. Louis

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Message Posted: Mar 21, 2013 5:37:41 AM

Lower inventories=higher prices
gasandgoAL
Champion Author Alabama

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Message Posted: Mar 21, 2013 5:36:57 AM

filling up now before gas prices go up for Easter
Bearcat500
Champion Author Cincinnati

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Joined:Nov 2005
Message Posted: Mar 21, 2013 5:35:21 AM

The decline in gasoline inventories is a drop in a bucket but hey, let's not miss a chance to tell the consumer to bend over again.
Tru2psu2
Champion Author Winston-Salem

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Message Posted: Mar 21, 2013 5:34:17 AM

No!
nugney
Champion Author Atlanta

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Message Posted: Mar 21, 2013 5:33:50 AM

ok
BoerneWatch
Champion Author San Antonio

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Message Posted: Mar 21, 2013 5:31:56 AM

Imported crude took a continuous dive.

Refineries produced more.

Demand is going down.

Prices are stable to declining (barely).
gch42
Champion Author Georgia

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Message Posted: Mar 21, 2013 5:31:55 AM

Translation: Higher prices ahead
teachart68
Sophomore Author Indiana

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Joined:Apr 2005
Message Posted: Mar 21, 2013 5:29:14 AM

Have to get those prices over $4 a gallon again before spring and summer get here.
epf
Champion Author Grand Rapids

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Message Posted: Mar 21, 2013 5:28:46 AM

In response to FieroGT, both
vamike
Champion Author Virginia

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Message Posted: Mar 21, 2013 5:28:40 AM

Another good excuse to raise prices.
FieroGT
Champion Author Twin Cities

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Message Posted: Mar 21, 2013 5:27:47 AM

Do these crude and gasoline inventories going down mean that the pump price will go up or down?
Foxt
Champion Author Minnesota

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Message Posted: Mar 21, 2013 5:27:35 AM

They increased production a few weeks ago, to shut down parts for maintenance. Now they are doing it. If prices go up or down, it's for some other speculated reason.
VB_Richard
Champion Author Virginia Beach

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Message Posted: Mar 21, 2013 5:27:28 AM

Is this good, bad or just life??
Maintroll
Champion Author Lexington

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Message Posted: Mar 21, 2013 5:25:50 AM

This weekly useless report is old now, replace it.
pfone1847
Champion Author Illinois

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Message Posted: Mar 21, 2013 5:24:07 AM

Same story, just another reason to raise prices.
Cachase1
Champion Author Oklahoma City

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Message Posted: Mar 21, 2013 5:21:32 AM

Trying to increase prices again?
mickeymike
Champion Author Pennsylvania

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Message Posted: Mar 21, 2013 5:19:29 AM

wonder why???? hmmmmmm......
AvantiMick
Champion Author Indiana

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Message Posted: Mar 21, 2013 5:18:48 AM

Congress could stop the exporting of gasoline to stabilize prices here!
74celica
Champion Author Columbus

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Message Posted: Mar 21, 2013 5:17:55 AM

that way they can keep prices sky high
getchaz
Champion Author Tucson

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Message Posted: Mar 21, 2013 5:17:34 AM

interesting
ovillaone
Champion Author Dallas

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Message Posted: Mar 21, 2013 5:14:00 AM

naturally! don't want to lower them gasoline prices too much!
Pozole
Champion Author Portland

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Joined:Mar 2005
Message Posted: Mar 21, 2013 5:13:45 AM

...moldy "news"...
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