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Author Topic: Gasoline supply increases as demand slackens after driving season Back to Topics
PD

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Message Posted: Sep 11, 2013 10:34:12 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 0.2 million barrels to a total of 360.0 million barrels. At 360.0 million barrels, inventories are 0.9 million barrels above last year (0.3%) and are near the upper constraint of the average range.

GASOLINE INVENTORIES:
Gasoline inventories increased by 1.7 million barrels to 217.6 million barrels. At 217.6 million barrels, inventories are up 19.9 million barrels, or 10.1% higher than one year ago. Here's how individual regions and their gasoline inventory fared last week: East Coast (-1.5mb...

Visit GasBuddy Blog for full article
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: Sep 16, 2013 5:54:51 AM

yawn... another "telling lies with statistics" episode.
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Gas4Gore
Champion Author Detroit

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Message Posted: Sep 14, 2013 10:23:11 PM

Well, well now.
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boileauj
All-Star Author Spokane

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Message Posted: Sep 14, 2013 9:35:32 PM

The trend of increasing oil stocks and decreasing demand for imported oil needs to continue.
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lyanMI
Champion Author Detroit

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Message Posted: Sep 13, 2013 10:05:25 AM

still gas is expensive
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mdcsgt
Champion Author South Carolina

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Message Posted: Sep 12, 2013 5:18:08 PM

Yep, then WHY is Oil UP almost $1.50 a barrel today?? Gasoline wholesale is up almost 6 cents. INVENTORY NUMBERS MEAN NOTHING!!! All Speculation!! SYRIA is the NEW EXCUSE for high prices. Next month it will be Egypt again?? All this talk (BS) and I hadn't seen any kind of shortage in WORLD SUPPLIES?????
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bston
Champion Author Oklahoma City

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Message Posted: Sep 12, 2013 5:05:25 PM

Gas prices have been so high for such a long time that it has finally hurt people financially to the point that they can no longer maintain the standard of living they once had.
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BBopp
Champion Author Dayton

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Message Posted: Sep 12, 2013 4:29:21 PM

I hope this helps keeps the prices at the pump down.
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jcVA
Champion Author Virginia Beach

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Message Posted: Sep 12, 2013 2:55:10 PM

who cares anymore ...we are fuvjed
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DanMtz
Champion Author Oakland

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Message Posted: Sep 12, 2013 2:31:03 PM

And, as if on cue, we've got refinery problems again...
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doctorindyj
Champion Author Santa Fe

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Message Posted: Sep 12, 2013 11:10:53 AM

I'll wait and see if that translates into lower prices but I won't hold my breath.
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fedupp
Champion Author Cleveland

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Message Posted: Sep 12, 2013 9:46:22 AM

Oil prices need to be high in order to make frack and shale oil economically viable-world oil markets need to be maipulated in order to get crude oil to the laughable $80.00-$100.00+ per barrel range-this is a ten year old story,and exactly what happenes when you let oil men write our energy policy for oil men-and not for the American public.
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scu227
Champion Author New Haven

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Message Posted: Sep 12, 2013 9:05:42 AM

Dropped a couple of pennies here but nothing signficant. It's funnt how prices jump real fast when the manipulated supplies are declining but when they are on the increase they wait and wait looking for a new reason to push prices back up
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D4444J
Champion Author Albuquerque

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Message Posted: Sep 12, 2013 7:13:06 AM

Good
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Grizdad
Champion Author Montana

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Message Posted: Sep 12, 2013 7:04:32 AM

Not dropping here.
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hoopitup2000
All-Star Author Virginia

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Message Posted: Sep 12, 2013 6:47:54 AM

Prices ARE dropping in some areas. 2 stations in southern Virginia are now under 3.00 & also seeing a slight decrease in metro DC area.
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fedupp
Champion Author Cleveland

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Message Posted: Sep 12, 2013 6:46:43 AM

Frack and shale oil are not economically viable if the price of crude is not sky high--a little reading on the subject will tell you that right away,the incredibly high extraction costs are only a small part of the actual costs to our environment and our infrastructure--and all of us will pay for these extra costs if we own a car or not.If you want to believe it or not cheaper affordable oil was shut off to us on march 20 2003 by neocon oil men,with war and lies-and China and Russia are very happily grabbing up the incredibly vast high quality ocean of cheap oil in Iraq,they are by-passing OPEC and world market prices by buying the leases and not the oil--a little reading on this will also tell you right away that cheap oil for us is a thing of the past--and dont believe the bs on how this is good for America--China and Russia gaining an ocean of cheap oil that our troops fought over,while we choke on $4.00gal gas is one of the worst things I can think of.China is also making deals in Iran and other middle east oil producing nations--
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pitamon
Champion Author Philadelphia

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Message Posted: Sep 12, 2013 6:33:22 AM

Don't worry, someone will cause the prices to raise, not drop.
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WonderfulMI
Champion Author Michigan

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Message Posted: Sep 12, 2013 6:24:45 AM

The oil companies will need to create a few refinery outages in order to support high prices.
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muddawgs
Champion Author Mississippi

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Message Posted: Sep 12, 2013 6:06:25 AM

AND PRICES CONTINUE TO GO UP
SO MUCH FOR THE OLD SUPPLY AND DEMAND CONCEPT
RIGHT OUT THE WINDOW WITH THAT ONE
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icer06
Champion Author Huntsville

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Message Posted: Sep 12, 2013 6:04:14 AM

And when do the gas prices start to drop?
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devildog66
Champion Author Pennsylvania

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Message Posted: Sep 12, 2013 6:02:49 AM

Do not worry, Obama will make sure the prices stay where they are at.
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raccoon2011
Champion Author Massachusetts

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Message Posted: Sep 12, 2013 6:02:20 AM

prices dropped 6 cents @ here
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jdhelm
Champion Author Iowa

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Message Posted: Sep 12, 2013 6:02:08 AM

ok
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Nozzel
Champion Author Ontario

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Message Posted: Sep 12, 2013 6:01:31 AM

OK
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fillerupyeoww
Champion Author Columbus

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Message Posted: Sep 12, 2013 6:01:20 AM

Good.. more for me.
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Ferdman17
Champion Author Albany

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Message Posted: Sep 12, 2013 6:00:21 AM

Still not helping
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Jeffro61
Champion Author Cleveland

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Message Posted: Sep 12, 2013 5:59:50 AM

How will the speculators twist this story around?
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danny999
Champion Author Florida

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Message Posted: Sep 12, 2013 5:59:33 AM

As usual station prices are overinflated compared to COMEX PRICE around 2.74 per gal.
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maryanneusa
Champion Author Missouri

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Message Posted: Sep 12, 2013 5:59:18 AM

ok
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Beau2140
Champion Author New York

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Message Posted: Sep 12, 2013 5:58:05 AM

The pump price should drop.
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radbadtz
Champion Author Halifax

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Message Posted: Sep 12, 2013 5:57:35 AM

lol
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MopedTime
Champion Author Michigan

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Message Posted: Sep 12, 2013 5:57:20 AM

Hope this will keep the gas price low.
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jppezz
Champion Author New Mexico

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Message Posted: Sep 12, 2013 5:57:14 AM

Supply and demand doesn't matter anymore.
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palantir24
Champion Author Vermont

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Message Posted: Sep 12, 2013 5:57:04 AM

Ok
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OldBullhead
Champion Author New Mexico

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Message Posted: Sep 12, 2013 5:55:53 AM

Bravo, HA4CNN - you nailed it!
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swede
Champion Author Cleveland

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Message Posted: Sep 12, 2013 5:55:48 AM

Then prices should be dropping.
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chuckohio
Champion Author Columbus

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Message Posted: Sep 12, 2013 5:55:43 AM

Oh well
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hero4hire
All-Star Author Chicago

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Message Posted: Sep 12, 2013 5:54:56 AM

good
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eightiesgod
Champion Author Ohio

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Message Posted: Sep 12, 2013 5:53:47 AM

?
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HA4CNN
Champion Author Toronto

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Message Posted: Sep 12, 2013 5:53:42 AM

Useless info because supply and demand have been taken out of the equation.
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vamike
Champion Author Virginia

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Message Posted: Sep 12, 2013 5:53:30 AM

I guess these boring articles are what the people want to read that are always complaining that other stories aren't about gas prices.
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rogerparry
Champion Author Florida

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Message Posted: Sep 12, 2013 5:53:15 AM

Let's see some relief.
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mberg
Champion Author Houston

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Message Posted: Sep 12, 2013 5:52:56 AM

Interesting, especially in light of an economy that is really booming. At least around here.
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sappie
Champion Author Massachusetts

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Message Posted: Sep 12, 2013 5:52:02 AM

yup.and prices are still up.
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humblepie
Champion Author Toledo

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Message Posted: Sep 12, 2013 5:51:25 AM

another weekly speculators report
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bikerWI
Champion Author Milwaukee

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Message Posted: Sep 12, 2013 5:51:08 AM

No hurricanes to raise the prices this year.
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LeeFree
Champion Author Pittsburgh

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Message Posted: Sep 12, 2013 5:50:44 AM

Wow, I wonder if that will drop prices a few cents at the pump?
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Rick52
Champion Author Milwaukee

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Message Posted: Sep 12, 2013 5:50:31 AM

No shortage....No jobs....No Driving.... But more BS..
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jacob5066
Champion Author College Station

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Message Posted: Sep 12, 2013 5:46:31 AM

More numbers
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WR-INC
Champion Author Twin Cities

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Message Posted: Sep 12, 2013 5:46:25 AM

There still is no shortage.
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