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Author Topic: Crude and gasoline stocks little changed, distillates drop: EIA Back to Topics
PD

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Message Posted: Nov 21, 2013 11:28:50 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 0.4 million barrels to a total of 388.5 million barrels. At 388.5 million barrels, inventories are 14.0 million barrels above last year (3.7%) and are above the upper part of the average range for this time of year.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 0.3 million barrels to 208.9 million barrels. At 208.9 million barrels, inventories are up 8.5 million barrels, or 4.2% higher than one year ago. Here's how individual regions and their gasoline inventory fared last week: East...

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REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: Nov 26, 2013 6:56:52 AM

falling? not here. Leaves, sure. Pump prices? Nope. Just went up again.
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baldyIL
Champion Author Illinois

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Message Posted: Nov 25, 2013 10:28:04 AM

these numbers make no difference...prices rise and fall whichever way the wind blows
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honda0105
Champion Author Tallahassee

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Message Posted: Nov 25, 2013 12:06:16 AM

prices rising left and right.
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honda0105
Champion Author Tallahassee

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Message Posted: Nov 25, 2013 12:04:40 AM

prices have risen around here by 35 cents or so..
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honda0105
Champion Author Tallahassee

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Message Posted: Nov 24, 2013 6:51:46 AM

Pete: no, the article isn't the reason... it's the season.
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stopforgas
Champion Author Mississippi

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Message Posted: Nov 23, 2013 12:16:03 PM

Sure goes up fast when they have an excuse.
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Vette1967
Champion Author Albany

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Message Posted: Nov 23, 2013 1:28:44 AM

Ahh...that explains the 10 cent increase.
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csblesson
Champion Author Texas

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Message Posted: Nov 23, 2013 12:03:57 AM

Good
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Pete12
Champion Author Albany

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Message Posted: Nov 22, 2013 7:23:57 PM

No reason for gas to go up with that report.
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dudleydolittle
Champion Author Cleveland

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Message Posted: Nov 22, 2013 5:43:24 PM

gas prices up
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dylan126
Champion Author Cleveland

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Message Posted: Nov 22, 2013 5:37:28 PM

makes no difference to prices
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ss70
Champion Author Detroit

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Message Posted: Nov 22, 2013 2:55:44 PM

crude prices are still way too high
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Costello
Champion Author South Dakota

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Message Posted: Nov 22, 2013 1:33:10 PM

And the price STILL doesn't drop!!!
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85XJ
Champion Author Toledo

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Message Posted: Nov 22, 2013 1:18:35 PM

Not that this report affects the price at the pump. Interesting data, but sadly, it still comes down to the refiners control the supply and can pretty much demand we pay whatever they want.
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jiml1965
Champion Author Harrisburg

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Message Posted: Nov 22, 2013 12:38:25 PM

ok
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fedupp
Champion Author Cleveland

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Message Posted: Nov 22, 2013 11:51:10 AM

No it would be better if we did not invade oil rich middle east nations that did not attack us and switch to frack oil-because when you do that oil becomes un-affordable and you loose millions of jobs.
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NotmeuQc
Champion Author Montreal

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Message Posted: Nov 22, 2013 11:50:00 AM

Our gas prices are up.
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dkp1960
Champion Author St. Louis

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Message Posted: Nov 22, 2013 11:46:41 AM

I need Dramamine for this fuel cost trip that we are on. Wouldn't it be better if we got off of fossil fuels? Yes!
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mdcsgt
Champion Author South Carolina

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Message Posted: Nov 22, 2013 11:45:43 AM

The SUPPLY DATA means nothing. The JOBS report was better this time! BS excuse, another excuse for the SPECULATION that MORE people have money to buy GAS with. WOW, like VULTURES looking for road kill! JOBS report means nothing but to the SPECULATORS who play the market to make a QUICK BUCK!! Look at how many MILLIONS of UN-employed workers who have been UN-EMPLOYED so long that they are NO LONGER COUNTED in the data.

Crude at $94.53 (DOWN 88 cents already today) since BS JOBS report yesterday(increased $1.50 barrel after report)

Gasoline at $2.73 wholesale (DOWN 1.5 cents today) since JOBS report yesterday.(increased 7 cents a gallon after report)
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fedupp
Champion Author Cleveland

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Message Posted: Nov 22, 2013 11:40:21 AM

China pays $15.00 per barrel for Iraq oil-we pay $100.00 per barrel for frack oil------look it up if you dont believe it-and think about why that is. (hint- its not because of Obama)
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WTLITNG
Champion Author Virginia

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Message Posted: Nov 22, 2013 11:40:15 AM

Just like Labor Day, Memorial Day, Fourth of July, prices rise before a major holiday.
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jimedB
Champion Author Riverside

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Message Posted: Nov 22, 2013 11:38:45 AM

This report does nothing to help gas price and its only use is to supply speculators with information so that they can affect oil and gas prices. This report and the EIA should end and make the speculators pay to produce these reports that only benifit them.
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IMLURCH
Champion Author Minnesota

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Message Posted: Nov 22, 2013 11:36:58 AM

Old story but the same spin. Little changes means higher prices for the holiday weekend coming.
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M75Ranger
Rookie Author Oklahoma

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Message Posted: Nov 22, 2013 11:34:44 AM

Gasoline is up 8 cents a gallon here this morning. I'm sure it is a holiday thing.
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Freegas666
Champion Author California

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Message Posted: Nov 22, 2013 11:34:27 AM

Commented yesterday.
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Sam195
Champion Author San Bernardino

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Message Posted: Nov 22, 2013 11:34:22 AM

I hope this means prices will not be going up.
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mikesr100
Champion Author Sacramento

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Message Posted: Nov 22, 2013 11:34:19 AM

The EPA & State Agencies limit the amount of refineries in each State!
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spotterFL
Champion Author Florida

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Message Posted: Nov 22, 2013 11:33:26 AM


Now that the elections are over, it seems the speculators have been given the green light by Obama. Remember...."Energy prices will have to necessarily rise....".

.....25 cents jump in one week?.....what can I expect next week?

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2962
Champion Author Omaha

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Message Posted: Nov 22, 2013 11:32:46 AM

I just gotta learn to trade this stuff..
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Grumpy0521
Champion Author Ontario

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Message Posted: Nov 22, 2013 11:32:19 AM

In Hawaii 4.19 in Mesa, Arizona 2.93
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Ayeghoti
Champion Author Michigan

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Message Posted: Nov 22, 2013 11:32:19 AM

that explains the ten cent rise today
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wambam2
Sophomore Author Michigan

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Message Posted: Nov 22, 2013 11:31:46 AM

Maybe the government should control the prices ?
I figure they would have it DOWN to $9.76 a gallon right now !
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lightbulbman2008
Champion Author Worcester

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Message Posted: Nov 22, 2013 11:30:57 AM

then explain the .06 surge overnite at my local stations...
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tpguess
Champion Author San Diego

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Message Posted: Nov 22, 2013 11:30:52 AM

People in the middle making money in both directions
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pupule777
Champion Author New Hampshire

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Message Posted: Nov 22, 2013 11:30:08 AM

prices at the pumps are still rising !!
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myambro
Champion Author Sacramento

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Message Posted: Nov 22, 2013 11:29:10 AM

Thanks.
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sbazz
Champion Author Cleveland

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Message Posted: Nov 22, 2013 11:28:32 AM

Prices need to rise. I have to much money since obama care is really affordable for the middle class. That leaves us with a dime so we need to pay more for gas
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FusionCa
Champion Author San Diego

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Message Posted: Nov 22, 2013 11:28:26 AM

OK?
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Wolfwings
Champion Author Delaware

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Message Posted: Nov 22, 2013 11:28:23 AM

But PUMP prices are still way too high.
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paulp24
Champion Author Harrisburg

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Message Posted: Nov 22, 2013 11:27:59 AM

Prices climbing here
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GFJ
Champion Author Alabama

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Message Posted: Nov 22, 2013 11:27:29 AM

Inventories fluctuate on a daily basis, why is this news?
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greenfog
Champion Author Illinois

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Message Posted: Nov 22, 2013 11:27:22 AM

the roller coaster ride continues.
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traumer
Champion Author Twin Cities

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Message Posted: Nov 22, 2013 11:26:59 AM

What ever, all I can do is pay or not drive.
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MoWhite
Champion Author Salt Lake City

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Message Posted: Nov 22, 2013 11:26:09 AM

ok
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condé
Champion Author Michigan

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Message Posted: Nov 22, 2013 11:26:08 AM

Another 20 cent jump up this morning for gas.... joy joy!!
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Fitwit
Champion Author Stockton

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Message Posted: Nov 22, 2013 11:26:01 AM

I try to stay away from crude and rude.
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jcVA
Champion Author Virginia Beach

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Message Posted: Nov 22, 2013 11:25:58 AM

screw opec
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tidalwave3
Champion Author Tallahassee

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Message Posted: Nov 22, 2013 11:23:22 AM

Ethanol is up 30 cents and Gasoline is up 20 cents since October on the Futures Market :(
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Lakeficsh
Veteran Author Seattle

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Message Posted: Nov 22, 2013 11:23:21 AM

mmmmmm.......
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bobsalwaysmt
Champion Author Long Island

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Message Posted: Nov 22, 2013 11:23:17 AM

Meaning WHAT?
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