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Author Topic: EIA: Crude inventory increased; gasoline production declined Back to Topics
PD
Moderator
Message Posted: Apr 10, 2013 11:06:00 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 0.3 million barrels to a total of 388.9 million barrels. At 388.9 million barrels, inventories are 23.7 million barrels above last year (6.5%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories increased by 1.7 million barrels to 222.4 million barrels. At 222.4 million barrels, inventories are up 4.7 million barrels, or 0.8% more than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (+1.5mb); Midwest...

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

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Message Posted: May 13, 2013 5:27:48 PM

makes no difference - they charge what they want
honda0105
Champion Author Tallahassee

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Message Posted: May 11, 2013 7:25:55 AM

EIA inventory numbers have little to do w/ pump reality.
Donatelo
Champion Author Dayton

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Message Posted: Apr 17, 2013 9:25:16 AM

all the time , we need to use natural gas, our own energy source.
werich44
Champion Author California

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Message Posted: Apr 17, 2013 7:46:11 AM

No surprises here.
honda0105
Champion Author Tallahassee

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Message Posted: Apr 15, 2013 5:55:44 AM

boy: yup.
Boyrr
Champion Author Allentown

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Message Posted: Apr 14, 2013 10:52:30 AM

it's all about greed
Donatelo
Champion Author Dayton

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Message Posted: Apr 14, 2013 9:12:58 AM

gas will go lower as natural gas becomes more used.
honda0105
Champion Author Tallahassee

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Message Posted: Apr 14, 2013 12:48:09 AM

Donatelo: do you have any clue on how engines functions? Esp. diesel engines?
honda0105
Champion Author Tallahassee

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Message Posted: Apr 14, 2013 12:47:45 AM

awww... Pig Oil generating bottlenecks again...
Donatelo
Champion Author Dayton

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Message Posted: Apr 12, 2013 8:45:51 AM

I like natural gas for all diesel engines, and we have plenty.
WanderDan
All-Star Author Dayton

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Message Posted: Apr 11, 2013 11:36:25 PM

this is old news...
abacus44
Champion Author Toms River

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Message Posted: Apr 11, 2013 10:44:48 AM

OK
jethro5000
Champion Author Kentucky

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Message Posted: Apr 11, 2013 9:19:31 AM

All inventories up over last year ... hopefully this won't cause prices to rise.
oas
Champion Author Maryland

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Message Posted: Apr 11, 2013 6:21:08 AM

decline in gas production should mean higher prices :(
FocusST2
Champion Author North Carolina

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Message Posted: Apr 11, 2013 6:11:03 AM

Production declines to keep gas prices where they are currently at. Fraud!
smqua
Champion Author Cleveland

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Message Posted: Apr 11, 2013 6:05:43 AM

A little more price easing would be nice
Ratso
Champion Author Ohio

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Message Posted: Apr 11, 2013 6:03:17 AM

and the gas prices keep on going up & up !
pfone1847
Champion Author Illinois

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Message Posted: Apr 11, 2013 6:02:54 AM

Prices at the pumps are still way too high
brbts
Champion Author Charlotte

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Message Posted: Apr 11, 2013 6:00:10 AM

and gas prices are still too high...
LeeFree
Champion Author Pittsburgh

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Message Posted: Apr 11, 2013 5:58:05 AM

Same price for gas around here. High!
Pointtx
Champion Author Austin

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Message Posted: Apr 11, 2013 5:58:03 AM

Whatever.
hamdriver
Champion Author Lansing

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Message Posted: Apr 11, 2013 5:57:54 AM

Old news
tbgasmizer
Champion Author Ontario

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Message Posted: Apr 11, 2013 5:55:52 AM

So when is the price coming down?
sappie
Champion Author Massachusetts

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Message Posted: Apr 11, 2013 5:54:15 AM

old news.
Stevedog
Champion Author Michigan

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Message Posted: Apr 11, 2013 5:53:53 AM

they could release the same report every week and hardly anyone would notice
kirzon484
Champion Author Atlanta

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Message Posted: Apr 11, 2013 5:53:52 AM

I care because...
bikechuck
Champion Author Indianapolis

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Message Posted: Apr 11, 2013 5:53:22 AM

Interpretation? What does it mean? How does it relate to gas prices? Investors may be interested I suppose and it keeps another government bureaucracy busy grinding out numbers.
jeff95519
Champion Author California

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Message Posted: Apr 11, 2013 5:51:16 AM

so then what
bby
Champion Author Twin Cities

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Message Posted: Apr 11, 2013 5:50:43 AM

Good
SavingInNC
Champion Author North Carolina

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Message Posted: Apr 11, 2013 5:50:28 AM

Greedy pigs
jmg144
Champion Author Maryland

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Message Posted: Apr 11, 2013 5:50:25 AM

What will happen this summer?
danny999
Champion Author Florida

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Message Posted: Apr 11, 2013 5:47:55 AM

Gas down again on Comex,but as usual local stations aren't dropping.But let it go up a nickel,and the locals are up in 2 days.Really greedy.
BoerneWatch
Champion Author San Antonio

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Message Posted: Apr 11, 2013 5:40:52 AM

These numbers just don't have the punch that they used to have.

Since, unlike 10 years ago, we now export a lot of refined products including gasoline and diesel, inventories can fluctuate but we are not in the situation of running out of oil or gas.
epf
Champion Author Grand Rapids

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Message Posted: Apr 11, 2013 5:38:47 AM

Makes my head spin!
GLM4205
Champion Author Toledo

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Message Posted: Apr 11, 2013 5:37:20 AM

Speculation and manipulation.
Lengas
Champion Author Gary

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Message Posted: Apr 11, 2013 5:36:46 AM

Keep your eyes on the bouncing ball being MANIPILATED by BIG OIL!!!!!!!!!!
aburns20
Champion Author Virginia Beach

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Message Posted: Apr 11, 2013 5:36:43 AM

Anything to keep the prices up.
djp071158
Champion Author Detroit

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Message Posted: Apr 11, 2013 5:35:09 AM

Up, down, up, down
Foxt
Champion Author Minnesota

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Message Posted: Apr 11, 2013 5:32:04 AM

Gas spiked a nickel yesterday. Must have expected a rush at the pumps buying gas for the snow blowers.
WR-INC
Champion Author Twin Cities

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Message Posted: Apr 11, 2013 5:30:51 AM

The article says that gasoline production declined but also gasoline inventories are up. That must mean that consumption has declined, but we had one of our "regular" price increases this week. This doesn't add up.
vamike
Champion Author Virginia

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Message Posted: Apr 11, 2013 5:29:50 AM

Whatever
gasie1
Champion Author Maine

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Message Posted: Apr 11, 2013 5:28:40 AM

Gas prices are based on Greed rather than supply and demand.
toolman3md
Champion Author Maryland

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Message Posted: Apr 11, 2013 5:27:21 AM

Not really news.
Sneakers55
Champion Author Houston

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Message Posted: Apr 11, 2013 5:24:37 AM

On Apr 11, 2013 2:49:29 AM, SteveMartin wrote:

>As long as obama is occupying the white house we will have high gas prices.

As long as the Democrats are occupying the White House, we'll have Republicans saying they can lower gas prices. Like most politicians, they're long on hot air and lacking in details.

>The lame stream media will not say anything.

The Republicans who want Obama's job will say anything.


[Edited by: Sneakers55 at 4/11/2013 5:25:54 AM EST]
Tru2psu2
Champion Author Winston-Salem

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Message Posted: Apr 11, 2013 5:23:18 AM

good..
friday21
Champion Author Toronto

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Message Posted: Apr 11, 2013 5:22:57 AM

Same old ....
Bonanza
Champion Author Boston

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Message Posted: Apr 11, 2013 5:21:16 AM

Yesterday's news
hockey_24
Champion Author KW

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Message Posted: Apr 11, 2013 5:20:42 AM

no cheaper at pump, but why ? :)
billy44bo
Champion Author Mobile

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Message Posted: Apr 11, 2013 5:20:42 AM

Yet the price is still more than $ 1.75 more than it should be. Thanks barry
AvantiMick
Champion Author Indiana

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Message Posted: Apr 11, 2013 5:20:32 AM

Gas prices are no longer based on inventories!
cheapertvs
Champion Author Richmond

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Message Posted: Apr 11, 2013 5:20:27 AM

Interesting!

Actual gasoline prices?
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