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Author Topic: Decreases in inventories across the board, says EIA Back to Topics
PD
Moderator
Message Posted: Sep 18, 2013 10:37:32 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 4.4 million barrels to a total of 355.6 million barrels. At 355.6 million barrels, inventories are 12.0 million barrels below last year (-3.3%) and are near the middle of the average range.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 1.6 million barrels to 216.0 million barrels. At 216.0 million barrels, inventories are up 19.7 million barrels, or 10.0% higher than one year ago. Here's how individual regions and their gasoline inventory fared last week: East Coast (-0.7mb); Midwest...

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

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Message Posted: Sep 22, 2013 7:49:19 AM

the usual blah blah... seems there is absolutely no correlation between pump prices and the inventories.
honda0105
Champion Author Tallahassee

Posts:24,320
Points:2,439,915
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Message Posted: Sep 22, 2013 7:49:02 AM

the usual blah blah... seems there is absolutely no correlation between pump prices and the inventories.
boileauj
All-Star Author Spokane

Posts:900
Points:466,330
Joined:Feb 2012
Message Posted: Sep 22, 2013 3:01:36 AM

I am still liking the decrease in imports. This needs to become a trend.
audreylw
All-Star Author Boston

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Message Posted: Sep 19, 2013 4:03:03 PM

So... No relief at the pump.
bearzz
Champion Author California

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Message Posted: Sep 19, 2013 12:07:25 PM

Yesterday's news . . .
radbadtz
Champion Author Halifax

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Message Posted: Sep 19, 2013 11:35:00 AM

nice
boldrph
Champion Author Topeka

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Message Posted: Sep 19, 2013 10:11:16 AM

closing out the summer blend and bringing in the winter blend?
niceguytx
Champion Author Houston

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Message Posted: Sep 19, 2013 9:06:20 AM

I hope there is enough for gas prices to fall some more.
DSL987
Rookie Author San Antonio

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Points:910
Joined:Sep 2012
Message Posted: Sep 19, 2013 8:05:42 AM

To those complaining about exports, they HAVE to increase, the only alternative is to shut refineries down, as we cannot indefinitely store gas and diesel.
hibsaw
Champion Author Mississippi

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Message Posted: Sep 19, 2013 7:59:09 AM

The exports seem to keep going up, up, up.
sparkie951
Champion Author Roanoke

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Message Posted: Sep 19, 2013 6:12:43 AM

All artificial to keep prices high.
us412
Champion Author Arkansas

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Message Posted: Sep 19, 2013 6:08:40 AM

We are awash in gas so cut the price.
chuckohio
Champion Author Columbus

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Message Posted: Sep 19, 2013 6:04:39 AM

The decrease in inventories may be due to a decrease in consumption?
racerdj
Champion Author Indianapolis

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Message Posted: Sep 19, 2013 6:03:42 AM

Higher prices coming?
silverfox63
Champion Author Michigan

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Message Posted: Sep 19, 2013 6:03:32 AM

You never know if these stats are correct or not. Just another reason to increase our prices.
smqua
Champion Author Cleveland

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Message Posted: Sep 19, 2013 6:03:18 AM

Yawn
billybopWI
Champion Author Wisconsin

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Message Posted: Sep 19, 2013 6:01:46 AM

the story changes with the wind
Ferdman17
Champion Author Albany

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Message Posted: Sep 19, 2013 6:01:34 AM

Here we go again
gaspumpin
Champion Author Indiana

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Message Posted: Sep 19, 2013 6:00:08 AM

Price increase is coming--where is our GasBuddy notification?
Jeffro61
Champion Author Cleveland

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Message Posted: Sep 19, 2013 5:59:11 AM

A news story the speculators will love.
DerTaubman
Champion Author Detroit

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Message Posted: Sep 19, 2013 5:59:09 AM

Doesnt the other article say the opposite?!
Z06KY
Champion Author Louisville

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Message Posted: Sep 19, 2013 5:57:56 AM

Buy Today!
LeeFree
Champion Author Pittsburgh

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Message Posted: Sep 19, 2013 5:57:25 AM

Better run out an panic buy!
skanytank
Champion Author Kentucky

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Message Posted: Sep 19, 2013 5:56:58 AM

Yesterday's OLD news...
jppezz
Champion Author New Mexico

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Message Posted: Sep 19, 2013 5:55:59 AM

Supply and demand has nothing to do with pump prices anymore.
Nozzel
Champion Author Ontario

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Message Posted: Sep 19, 2013 5:55:33 AM

ok
ManOfLeisureII
Champion Author Philadelphia

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Message Posted: Sep 19, 2013 5:55:31 AM

Not meaningful information
FieroGT
Champion Author Twin Cities

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Message Posted: Sep 19, 2013 5:54:51 AM

I assume that this means increase in pump prices.
Ken007
Champion Author Texas

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Message Posted: Sep 19, 2013 5:53:28 AM

Drill baby drill, build the pipeline and build more refineries.
NJColt
Champion Author New Jersey

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Message Posted: Sep 19, 2013 5:53:02 AM

Biggest waste of a department ever.
ARMADA157
Champion Author Detroit

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Message Posted: Sep 19, 2013 5:51:24 AM

No company inventories anything anymore. Bean counters
oas
Champion Author Maryland

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Message Posted: Sep 19, 2013 5:50:52 AM

Inventories seem unrelated to pump prices.
bikechuck
Champion Author Indianapolis

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Message Posted: Sep 19, 2013 5:50:41 AM

OK, using more or producing less? Prices going down here.
Ouch06
Champion Author Michigan

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Message Posted: Sep 19, 2013 5:48:44 AM

ok
packards42
Champion Author Washington

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Message Posted: Sep 19, 2013 5:48:15 AM

Strange their both decinding
Petrock
Champion Author Lexington

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Message Posted: Sep 19, 2013 5:47:27 AM

Sounds like everyone went out and drove around like crazy to celebrate no attack on Syria!
muddawgs
Champion Author Mississippi

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Message Posted: Sep 19, 2013 5:46:15 AM

JUST ANOTHER WAY TO RAISE THE PRICE AT THE PUMP
neptune2008
Champion Author Michigan

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Message Posted: Sep 19, 2013 5:43:33 AM

and we pay more and more
WEB0153
Champion Author Maryland

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Message Posted: Sep 19, 2013 5:42:49 AM

ok
Lengas
Champion Author Gary

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Message Posted: Sep 19, 2013 5:42:45 AM

Up Up and away!!!!!!!!!!!!!!!!!!!!!!!!
AvantiMick
Champion Author Indiana

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Message Posted: Sep 19, 2013 5:42:30 AM

BS
danny999
Champion Author Florida

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Message Posted: Sep 19, 2013 5:40:51 AM

LIARS FIGURE,AND FIGURES LIE.
gravie314
Champion Author South Carolina

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Message Posted: Sep 19, 2013 5:40:50 AM

ok
Ken2OD
Champion Author Grand Rapids

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Message Posted: Sep 19, 2013 5:39:49 AM

Monopolistic agencies can do wonders with contrived numbers.
mikejapan
Champion Author San Diego

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Message Posted: Sep 19, 2013 5:38:44 AM

wow
epf
Champion Author Grand Rapids

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Message Posted: Sep 19, 2013 5:35:32 AM

Makes my head spin.
jacob5066
Champion Author College Station

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Message Posted: Sep 19, 2013 5:35:06 AM

Changes with each report
bobdec
Champion Author Miami

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Message Posted: Sep 19, 2013 5:32:14 AM

You can;t believe the EIA
bondo
Champion Author Twin Cities

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Message Posted: Sep 19, 2013 5:31:59 AM

So it goes.
slowpoke63
Champion Author Louisiana

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Message Posted: Sep 19, 2013 5:31:03 AM

ok
dwbuddy
Champion Author Fort Worth

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Joined:Dec 2010
Message Posted: Sep 19, 2013 5:31:00 AM

weekly changes..nothing new
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