Not Logged In Log In   Sign Up   Points Leaders
Follow Us    9:13 AM

Message Forum - Read Message

Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: Supply rises, gasoline inventories now 12% higher than a year ago: EIA Back to Topics
PD

Moderator
Message Posted: Oct 2, 2013 10:36:02 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 5.5 million barrels to a total of 363.7 million barrels. At 363.7 million barrels, inventories are 1.0 million barrels below last year (-0.3%) and are toward the upper part of the average range for this time of year.

GASOLINE INVENTORIES:
Gasoline inventories increased by 3.5 million barrels to 219.7 million barrels. At 219.7 million barrels, inventories are up 23.8 million barrels, or 12.1% higher than one year ago. Here's how individual regions and their gasoline inventory fared last week...

Visit GasBuddy Blog for full article
REPLIES (newest first) Post a Reply
Profile Pic
RogerB
Champion Author Indianapolis

Posts:19,953
Points:2,955,810
Joined:Dec 2005
Message Posted: Oct 4, 2013 12:06:54 AM


- Very Interesting . . . .


                     √    



                               
               
Profile Pic
lesndave
Champion Author Texas

Posts:4,571
Points:1,027,705
Joined:May 2011
Message Posted: Oct 3, 2013 10:25:07 PM

Keep the prices dropping......
Profile Pic
Pete12
Champion Author Albany

Posts:5,474
Points:1,863,100
Joined:Nov 2005
Message Posted: Oct 3, 2013 10:17:49 PM

Good the price should keep dropping.
Profile Pic
cutter1330
Champion Author Oklahoma

Posts:9,354
Points:2,011,320
Joined:Jul 2005
Message Posted: Oct 3, 2013 10:14:06 PM

Prices slowly headed down here.
Profile Pic
BBopp
Champion Author Dayton

Posts:8,307
Points:2,227,335
Joined:Dec 2006
Message Posted: Oct 3, 2013 8:09:24 PM

Good to know our stockpiles are up! Now let the pump prices decrease.
Profile Pic
fedupp
Champion Author Cleveland

Posts:3,146
Points:20,745
Joined:May 2013
Message Posted: Oct 3, 2013 12:32:28 PM

Why do people get so excited when oil goes from around $100.00+ to around $100.00+ per barrel? If it goes from around $100.00+ to around $40.00+ let me know and I will share the excitement.
Profile Pic
zuess28
Champion Author Allentown

Posts:1,602
Points:342,175
Joined:Mar 2013
Message Posted: Oct 3, 2013 12:27:52 PM

Great,now keep lowering prices.
Profile Pic
Jeff4U
Champion Author Atlanta

Posts:10,477
Points:2,184,940
Joined:Nov 2004
Message Posted: Oct 3, 2013 11:42:52 AM

Big positive supply rise, yet crude goes from $102 to $104 the same day.
Profile Pic
drobbbb
Champion Author Maryland

Posts:5,001
Points:1,133,115
Joined:Dec 2010
Message Posted: Oct 3, 2013 11:29:12 AM

sounds about right
Profile Pic
HawaiianGuy
Champion Author Idaho

Posts:11,182
Points:3,405,395
Joined:May 2003
Message Posted: Oct 3, 2013 10:56:19 AM

And still, prices at the pump remain stubbornly high. Someone's raking in the dough and it ain't the American public.
Profile Pic
figman
Champion Author Chicago

Posts:15,237
Points:3,975,985
Joined:Sep 2001
Message Posted: Oct 3, 2013 9:42:22 AM

I have to agree with AKmailman. Is the EIA an essential government entity??
Profile Pic
streetdesign
Champion Author Illinois

Posts:2,077
Points:904,700
Joined:May 2011
Message Posted: Oct 3, 2013 8:32:19 AM

Inventories should be rising since there is less demand and as long as the refineries are operating. The shut downs over the summer were a major hiccup in production.
Profile Pic
VMIJim
Champion Author Alabama

Posts:2,067
Points:438,500
Joined:Jan 2013
Message Posted: Oct 3, 2013 7:47:00 AM

I will take savings at the pump any way I can get it but don't expect it to stay down for long. Of course, Oblamer will take the Chicken Little approach that the sky is falling but the government shutdown is now his fault as he urges the stock market to crash for leverage. Even Clinton was willing to negotiate as arrogant as he was. Give me a freaking break!!
Profile Pic
johnpuh
Champion Author Ohio

Posts:1,339
Points:493,075
Joined:Sep 2012
Message Posted: Oct 3, 2013 7:09:04 AM

Time for prices to fall even further.
Profile Pic
Rick52
Champion Author Milwaukee

Posts:13,804
Points:1,524,990
Joined:Mar 2005
Message Posted: Oct 3, 2013 5:11:59 AM

This has to be Upsetting Big Oil..
Profile Pic
AKmailman
Champion Author Alaska

Posts:7,304
Points:1,886,645
Joined:Jul 2004
Message Posted: Oct 3, 2013 5:04:54 AM

I thought the government was shut down?
since when is DOE essential?
more of Hussein s propaganda
Profile Pic
stpetebp
Champion Author Tampa

Posts:7,138
Points:2,030,020
Joined:Nov 2007
Message Posted: Oct 3, 2013 5:03:46 AM

Another useless government report that is costing us millions to make
Profile Pic
1Boog
Champion Author Lincoln

Posts:7,447
Points:1,501,975
Joined:May 2004
Message Posted: Oct 3, 2013 5:02:59 AM

12% higher....but prices not coming down much at all!!
Profile Pic
P_I_STONE
Champion Author Wisconsin

Posts:1,577
Points:673,210
Joined:Apr 2012
Message Posted: Oct 3, 2013 5:02:51 AM

Alright
Profile Pic
Steveshonda
Champion Author Omaha

Posts:1,967
Points:475,645
Joined:Dec 2012
Message Posted: Oct 3, 2013 5:02:18 AM

good
Profile Pic
Bus936
Champion Author Lexington

Posts:18,118
Points:3,553,980
Joined:May 2004
Message Posted: Oct 3, 2013 5:01:22 AM

The propaganda report today says we are high, and next week we will probably be low.
Profile Pic
iFueler
Champion Author Durham

Posts:73,158
Points:510,925
Joined:Nov 2012
Message Posted: Oct 3, 2013 4:57:29 AM


     ok
Profile Pic
Ziggy1962
Champion Author New Jersey

Posts:37,110
Points:2,144,365
Joined:Aug 2006
Message Posted: Oct 3, 2013 4:56:56 AM

Why aren't the prices dropping?
Profile Pic
twobroke61
Champion Author Michigan

Posts:10,050
Points:1,921,260
Joined:Sep 2008
Message Posted: Oct 3, 2013 4:50:53 AM

good now lets see it at the pumps
Profile Pic
Cachase1
Champion Author Oklahoma City

Posts:13,127
Points:2,714,285
Joined:Aug 2003
Message Posted: Oct 3, 2013 4:50:21 AM

Maybe prices will start to drop soon.
Profile Pic
dkp1960
Champion Author St. Louis

Posts:2,150
Points:514,600
Joined:Oct 2012
Message Posted: Oct 3, 2013 4:48:08 AM

Interesting
Profile Pic
roadrunnerMO
Champion Author Kansas

Posts:10,093
Points:2,034,640
Joined:Jul 2008
Message Posted: Oct 3, 2013 4:46:50 AM

Usually useless info from these administration agencies. Hopefully they are on furlough right now.
Profile Pic
WaWanderer
Champion Author Washington

Posts:8,006
Points:918,700
Joined:Oct 2011
Message Posted: Oct 3, 2013 4:45:50 AM

Fuel prices should be dropping faster than they are.
Profile Pic
fratt
Champion Author Grand Rapids

Posts:11,485
Points:2,978,580
Joined:Jul 2005
Message Posted: Oct 3, 2013 4:44:36 AM

Keep conserving!
Profile Pic
Z06KY
Champion Author Louisville

Posts:6,853
Points:1,240,015
Joined:Nov 2010
Message Posted: Oct 3, 2013 4:44:30 AM

Gas prices are still too high!
Profile Pic
gas_phil
Champion Author Sacramento

Posts:5,386
Points:447,835
Joined:Aug 2012
Message Posted: Oct 3, 2013 4:44:08 AM

save some gas money. buy more toys!
Profile Pic
sappie
Champion Author Massachusetts

Posts:5,012
Points:911,495
Joined:Jul 2010
Message Posted: Oct 3, 2013 4:44:08 AM

time to lower prices.
Profile Pic
mrjames1818
Champion Author New Jersey

Posts:3,225
Points:2,330,795
Joined:Mar 2004
Message Posted: Oct 3, 2013 4:43:11 AM

so when does the prices at the pump drop
Profile Pic
gabbygusIN
Champion Author Indiana

Posts:8,906
Points:1,894,075
Joined:Oct 2008
Message Posted: Oct 3, 2013 4:41:35 AM

Waiting to see it at the pump here locally!!
Profile Pic
ozzy4one
Veteran Author Portland

Posts:304
Points:3,325,580
Joined:Mar 2003
Message Posted: Oct 3, 2013 4:39:53 AM

Less federal government vehicles on the road should drive it up higher than 12% in the coming days too.
Profile Pic
chuckwthompson
Champion Author Charlotte

Posts:5,445
Points:911,385
Joined:Sep 2011
Message Posted: Oct 3, 2013 4:36:33 AM

Gas prices are still too high.
Profile Pic
findcheap
Champion Author Los Angeles

Posts:11,262
Points:2,343,935
Joined:Apr 2007
Message Posted: Oct 3, 2013 4:34:28 AM

the usual
Profile Pic
pepinoNC
Champion Author Raleigh

Posts:3,850
Points:991,185
Joined:May 2011
Message Posted: Oct 3, 2013 4:33:12 AM

Pump prices still going down.
Profile Pic
BigDogOH
Champion Author Cincinnati

Posts:10,183
Points:2,142,020
Joined:Mar 2008
Message Posted: Oct 3, 2013 4:31:00 AM

Price of gas too darn high
Profile Pic
Ply440GTX
Champion Author Phoenix

Posts:1,482
Points:399,015
Joined:Feb 2009
Message Posted: Oct 3, 2013 4:27:29 AM

...and pump prices stall.
Profile Pic
gougenator
Champion Author Dallas

Posts:32,252
Points:3,564,235
Joined:Aug 2003
Message Posted: Oct 3, 2013 4:26:36 AM

hmmm supply of gas shot upwards 12% more than a yr ago? COOL! demands falling
its "fall" , they even said the govt shutdown would result in EVEN LOWER gas prices,

YET BARELY any price dropping action going on....so now everyones GOUGING now!

DROPS SOME DAMMNN PRICES !!!! ya hear!?

heee hee now everyone QUIT buying gas for a week or as long as you can stand ,and watch the inventories spilleth over even more ,flood the markets!

[Edited by: gougenator at 10/3/2013 4:28:17 AM EST]
Profile Pic
TravelinMan52
Champion Author Augusta

Posts:3,600
Points:1,297,495
Joined:May 2008
Message Posted: Oct 3, 2013 4:25:53 AM

Inventories higher, prices remain about the same. That's fuzzy mathematics 101 if I ever saw it...
Profile Pic
Ken007
Champion Author Texas

Posts:1,485
Points:548,905
Joined:Jan 2010
Message Posted: Oct 3, 2013 4:22:53 AM

Drill baby drill, no more food for fuel and build the pipeline. Build new refineries.
Profile Pic
jci25946
Champion Author Tampa

Posts:4,905
Points:1,272,440
Joined:Jan 2006
Message Posted: Oct 3, 2013 4:21:42 AM

Good trends... gas prices????
Profile Pic
packards42
Champion Author Washington

Posts:7,939
Points:1,411,330
Joined:Feb 2005
Message Posted: Oct 3, 2013 4:19:53 AM

go figure, Obama economic adviser say economy better, and price are dropping. Fed printing money, surprise to see price lower rather than higher.
Profile Pic
SparkieMi
Champion Author Kalamazoo

Posts:4,861
Points:909,905
Joined:Sep 2011
Message Posted: Oct 3, 2013 4:17:05 AM

Pump prices are still way too high!!!
Profile Pic
AskMeLater
Champion Author Amarillo

Posts:3,668
Points:911,675
Joined:Jul 2005
Message Posted: Oct 3, 2013 4:14:32 AM

Come on $50 per barrel! We're waitin' for ya'!
Profile Pic
Ply440GTX
Champion Author Phoenix

Posts:1,482
Points:399,015
Joined:Feb 2009
Message Posted: Oct 3, 2013 4:14:17 AM

...and yet pump prices continue to stall. At least around here anyway.
Profile Pic
Happytalk
Champion Author Pennsylvania

Posts:3,807
Points:911,365
Joined:May 2010
Message Posted: Oct 3, 2013 4:13:01 AM

yesterdays news
Profile Pic
1fulltank
Champion Author Buffalo

Posts:9,384
Points:1,844,590
Joined:Nov 2008
Message Posted: Oct 3, 2013 4:12:45 AM

So, we'll be seeing lower prices at the pumps, right?
Post a reply Back to Topics