Not Logged In Log In   Sign Up   Points Leaders
Follow Us    6:17 AM

Message Forum - Read Message

Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: DOE reports increases in gasoline production & crude oil inventory Back to Topics
PD

Moderator
Message Posted: Oct 30, 2013 11:00:44 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 4.1 million barrels to a total of 383.9 million barrels. At 383.9 million barrels, inventories are 11.8 million barrels above last year (1.1%) and are above the upper part of the average range for this time of year.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 1.7 million barrels to 213.8 million barrels. At 213.8 million barrels, inventories are up 14.3 million barrels, or 7.2% higher than one year ago. Here's how individual regions and their gasoline inventory fared last week: East...

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

Posts:22,943
Points:2,215,740
Joined:Nov 2008
Message Posted: Nov 1, 2013 5:45:32 AM

yawn...
Profile Pic
032946
Champion Author Twin Cities

Posts:22,510
Points:4,622,500
Joined:Oct 2001
Message Posted: Oct 31, 2013 11:47:35 AM

Old news! Gas just Jumped 26ยข plus a gallon here this morning
Profile Pic
Jeff4U
Champion Author Atlanta

Posts:11,445
Points:2,454,775
Joined:Nov 2004
Message Posted: Oct 31, 2013 10:54:50 AM

Gas prices are still stuck at $3.25 or higher in my area.
Apparently lower crude prices have no effect - except when they rise.
Profile Pic
fedupp
Champion Author Cleveland

Posts:5,360
Points:34,165
Joined:May 2013
Message Posted: Oct 31, 2013 7:03:48 AM

Read the post below yours and then do some reading on it,it will take a little time because these are facts they dont want you to know-but you will see its true.
Profile Pic
peregrin
Champion Author Baltimore

Posts:1,875
Points:650,540
Joined:May 2004
Message Posted: Oct 31, 2013 6:48:35 AM

Been seeing this type of info steadily of late--why aren't pump prices dropping?
Profile Pic
fedupp
Champion Author Cleveland

Posts:5,360
Points:34,165
Joined:May 2013
Message Posted: Oct 31, 2013 6:41:44 AM

What are you going to do when you figure out that "our" oil is leftover frack and shale oil not open desert easy access oceans of cheap oil? The price per barrel needs to stay high enough to make these very expensive to develop resources economically viable-at least $80.00 per barrel because the support costs are at least $70.00 per barrel no one is arguing that fact because its true---the idea is if they could pump diesel fuel and water down more empty holes to split more rocks open for leftover oil the price will eventually go down? I doubt it and looking at these reports and the BS that comes with them you should be also.
Profile Pic
oas
Champion Author Maryland

Posts:6,831
Points:2,743,615
Joined:Feb 2005
Message Posted: Oct 31, 2013 6:29:51 AM

So.... prices should be dropping.
Profile Pic
pitamon
Champion Author Philadelphia

Posts:6,925
Points:2,394,730
Joined:Sep 2004
Message Posted: Oct 31, 2013 6:28:59 AM

So why isn't falling?
Profile Pic
WonderfulMI
Champion Author Michigan

Posts:14,409
Points:2,391,295
Joined:Jun 2008
Message Posted: Oct 31, 2013 6:19:56 AM

Is that why gasoline went up $0.30 here this week?
Profile Pic
bikerWI
Champion Author Milwaukee

Posts:4,010
Points:1,479,615
Joined:Apr 2010
Message Posted: Oct 31, 2013 6:06:42 AM

Ok.
Profile Pic
Jamer
Champion Author Las Vegas

Posts:9,479
Points:1,772,910
Joined:Jul 2002
Message Posted: Oct 31, 2013 6:03:03 AM

old article.
Profile Pic
Nozzel
Champion Author Ontario

Posts:8,262
Points:2,400,675
Joined:Sep 2006
Message Posted: Oct 31, 2013 6:01:43 AM

STILL GAS IS TO OHIGH
Profile Pic
AcuraTSX
Champion Author Ohio

Posts:6,503
Points:2,744,070
Joined:Dec 2005
Message Posted: Oct 31, 2013 6:01:03 AM

That's good news, right?
Profile Pic
smqua
Champion Author Cleveland

Posts:2,627
Points:1,033,955
Joined:Mar 2011
Message Posted: Oct 31, 2013 6:00:46 AM

Yawn
Profile Pic
Jeffro61
Champion Author Cleveland

Posts:4,474
Points:2,809,070
Joined:Oct 2005
Message Posted: Oct 31, 2013 6:00:15 AM

Liked it better when the DOE was shut down.
Profile Pic
alphanyr
Champion Author Connecticut

Posts:10,605
Points:1,281,375
Joined:Apr 2011
Message Posted: Oct 31, 2013 6:00:09 AM

Thanks
Profile Pic
DerTaubman
Champion Author Detroit

Posts:9,938
Points:2,134,470
Joined:Jun 2007
Message Posted: Oct 31, 2013 5:59:33 AM

Pump prices jumped here on Monday.
Profile Pic
sappie
Champion Author Massachusetts

Posts:5,917
Points:1,177,740
Joined:Jul 2010
Message Posted: Oct 31, 2013 5:58:41 AM

pump prices could be lower.
Profile Pic
LeeFree
Champion Author Pittsburgh

Posts:11,713
Points:2,840,100
Joined:Jun 2005
Message Posted: Oct 31, 2013 5:57:36 AM

Pump prices here are stabile at least.
Profile Pic
RedMax13
Rookie Author Georgia

Posts:97
Points:44,920
Joined:Sep 2013
Message Posted: Oct 31, 2013 5:57:00 AM

ok
Profile Pic
jethro5000
Champion Author Kentucky

Posts:4,484
Points:992,455
Joined:Jun 2005
Message Posted: Oct 31, 2013 5:55:41 AM

Isn't that strange. Just the other day there were reports of a refinery shutting down affecting gas supplies, so gas prices jumped 25 cents per gallon in Lexington. Now that prices are higher, they report excess supplies, but prices won't drop!
Profile Pic
Petrock
Champion Author Lexington

Posts:11,738
Points:3,163,635
Joined:Apr 2005
Message Posted: Oct 31, 2013 5:53:30 AM

I am confused. The headline says "increase in gasoline production" but the article says gasoline inventories decreases by 1.7 million barrels?
Profile Pic
Ratso
Champion Author Ohio

Posts:22,925
Points:3,285,640
Joined:Sep 2003
Message Posted: Oct 31, 2013 5:53:12 AM

Yada Yada Yada ....
Profile Pic
epf
Champion Author Grand Rapids

Posts:8,936
Points:2,492,445
Joined:May 2004
Message Posted: Oct 31, 2013 5:52:46 AM

I so did not miss this report during the government shut down.
Profile Pic
MinnKid
Veteran Author Minnesota

Posts:463
Points:521,015
Joined:Dec 2009
Message Posted: Oct 31, 2013 5:52:44 AM

OLD NEWS
Profile Pic
fillerupyeoww
Champion Author Columbus

Posts:8,470
Points:2,254,050
Joined:Mar 2008
Message Posted: Oct 31, 2013 5:52:44 AM

Inventories of anything go up and down all the time.
Profile Pic
jppezz
Champion Author New Mexico

Posts:11,170
Points:2,294,990
Joined:Jun 2008
Message Posted: Oct 31, 2013 5:52:01 AM

Prices were going down .Does this mean they will be going up again?
Profile Pic
cmkshere11
Rookie Author Massachusetts

Posts:49
Points:194,695
Joined:Feb 2011
Message Posted: Oct 31, 2013 5:51:46 AM

Do you ever notice that MOST of the time gas prices go up quickly but go down slow?
Profile Pic
Toppers
Champion Author Atlanta

Posts:11,546
Points:3,072,125
Joined:Mar 2005
Message Posted: Oct 31, 2013 5:51:36 AM

Pump Prices stable in the ATL
Profile Pic
Ferdman17
Champion Author Albany

Posts:3,734
Points:971,405
Joined:Feb 2012
Message Posted: Oct 31, 2013 5:49:11 AM

Here we go again
Profile Pic
JSX515
Champion Author St. Louis

Posts:6,294
Points:1,405,590
Joined:Feb 2011
Message Posted: Oct 31, 2013 5:48:48 AM

Do prices should continue to fall???
Profile Pic
chuckohio
Champion Author Columbus

Posts:3,683
Points:826,355
Joined:Aug 2012
Message Posted: Oct 31, 2013 5:48:26 AM

Okay
Profile Pic
roger1315
Champion Author North Carolina

Posts:3,204
Points:1,090,365
Joined:Feb 2011
Message Posted: Oct 31, 2013 5:48:05 AM

prices don't fall fast as they go up
Profile Pic
hamdriver
Champion Author Lansing

Posts:5,828
Points:1,970,660
Joined:Feb 2008
Message Posted: Oct 31, 2013 5:46:51 AM

Hot air
Profile Pic
jacob5066
Champion Author College Station

Posts:4,453
Points:1,035,465
Joined:Feb 2012
Message Posted: Oct 31, 2013 5:44:00 AM

Old news
Profile Pic
BigDogOH
Champion Author Cincinnati

Posts:11,107
Points:2,411,835
Joined:Mar 2008
Message Posted: Oct 31, 2013 5:43:57 AM

Went up from $3.15 to $3.39 here
Profile Pic
geezrtek
Champion Author Michigan

Posts:4,486
Points:806,835
Joined:Apr 2011
Message Posted: Oct 31, 2013 5:43:32 AM

Submitted Yesterday
Profile Pic
neptune2008
Champion Author Michigan

Posts:10,290
Points:2,191,660
Joined:Aug 2008
Message Posted: Oct 31, 2013 5:43:10 AM

and the price goes up for NO reason
Profile Pic
stevencr
Champion Author Ohio

Posts:8,278
Points:2,039,290
Joined:Mar 2009
Message Posted: Oct 31, 2013 5:43:01 AM

It would be nice to see gas below $3.00 for Christmas.
Profile Pic
Lil2010
Champion Author Ontario

Posts:2,366
Points:973,855
Joined:Sep 2010
Message Posted: Oct 31, 2013 5:42:40 AM

old
Profile Pic
Beau2140
Champion Author New York

Posts:10,826
Points:2,247,785
Joined:Oct 2008
Message Posted: Oct 31, 2013 5:42:02 AM

Lower the pump price.
Profile Pic
hybridaholic
Champion Author Appleton

Posts:11,004
Points:2,155,530
Joined:Dec 2008
Message Posted: Oct 31, 2013 5:40:32 AM

About time.
Profile Pic
1Boog
Champion Author Lincoln

Posts:8,323
Points:1,755,625
Joined:May 2004
Message Posted: Oct 31, 2013 5:39:36 AM

old news!
Profile Pic
kirzon484
Champion Author Atlanta

Posts:4,377
Points:1,026,425
Joined:Jun 2011
Message Posted: Oct 31, 2013 5:39:23 AM

old news
Profile Pic
Lengas
Champion Author Gary

Posts:16,310
Points:3,322,425
Joined:Nov 2004
Message Posted: Oct 31, 2013 5:38:44 AM

And gas prices are going up????????????????????????????
Profile Pic
djp071158
Champion Author Detroit

Posts:3,185
Points:886,775
Joined:May 2012
Message Posted: Oct 31, 2013 5:36:32 AM

How many days inventory is this?
Profile Pic
gabisgram
Champion Author Michigan

Posts:4,383
Points:1,396,215
Joined:Sep 2006
Message Posted: Oct 31, 2013 5:35:51 AM

Gas went up 22 cents to 3.45 here yesterday.
Profile Pic
EJH22
Champion Author Detroit

Posts:2,922
Points:1,038,510
Joined:Aug 2011
Message Posted: Oct 31, 2013 5:35:20 AM

good
Profile Pic
MaxWebster
Champion Author Toronto

Posts:2,182
Points:607,860
Joined:Apr 2011
Message Posted: Oct 31, 2013 5:33:58 AM

excellent work
Profile Pic
drbogenbroom
Champion Author Twin Cities

Posts:1,511
Points:662,300
Joined:Jan 2012
Message Posted: Oct 31, 2013 5:32:46 AM

Good
Post a reply Back to Topics