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Author Topic: Dept. of Energy: Strong increase for gasoline inventory and refinery output Back to Topics
PD

Moderator
Message Posted: Dec 4, 2013 9:55:40 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 5.6 million barrels to a total of 385.8 million barrels. At 385.8 million barrels, inventories are 14.1 million barrels above last year (3.8%) and are above the upper part of the average range for this time of year.

GASOLINE INVENTORIES:
Gasoline inventories increased by 1.8 million barrels to 212.4 million barrels. At 212.4 million barrels, inventories are up .3 million barrels, or 0.1% 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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dfp609
Champion Author Cincinnati

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Message Posted: Feb 9, 2014 6:58:14 AM

Very interesting information. Inventories are up and yet the local price at our pumps went up 49 cents per gallon. So much for the supply vs. demand theory.
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babycatt116
Champion Author Massachusetts

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Message Posted: Feb 8, 2014 9:57:46 AM

mkay too
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magpie2013
Champion Author Milwaukee

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Message Posted: Feb 5, 2014 10:49:33 AM

It definetly has not shown up in our state prices are on the rise.
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pilotmass
Champion Author Boston

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Message Posted: Feb 4, 2014 10:40:56 AM

Forgot about this
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gasmask78
Champion Author Virginia

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Message Posted: Feb 4, 2014 12:44:49 AM

mkay
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PAA64
Champion Author Cincinnati

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Message Posted: Jan 29, 2014 2:21:59 AM

interesting
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cobeng10
Champion Author Colorado Springs

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Message Posted: Jan 28, 2014 12:06:55 PM

Will still pay the same or more
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gasmask78
Champion Author Virginia

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Message Posted: Jan 11, 2014 12:10:18 AM

Demand? NOOOOOOOOOOOOOOOOOOOO!!!
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gasmask78
Champion Author Virginia

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Message Posted: Jan 6, 2014 12:06:53 AM

Hooray
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gasmask78
Champion Author Virginia

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Message Posted: Dec 27, 2013 8:24:35 AM

Or Santa and his jet-fueled sleigh.
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gasmask78
Champion Author Virginia

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Message Posted: Dec 27, 2013 8:23:53 AM

Holiday season. blame that.
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PAPA1FL
All-Star Author Sarasota

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Message Posted: Dec 5, 2013 12:48:35 PM

ok
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VMIJim
Champion Author Alabama

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Message Posted: Dec 5, 2013 7:23:20 AM

I am very skeptical about anything coming out of the Oblamer Administration given all the lies, coverups, scandals & gross incompetence.
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RS101
Champion Author Minnesota

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Message Posted: Dec 5, 2013 6:46:35 AM

Time will tell if a benefit.
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OldMan322
Champion Author Illinois

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Message Posted: Dec 5, 2013 6:19:09 AM

"jflabbe96" Always has been
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jflabbe96
Champion Author Pennsylvania

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Message Posted: Dec 5, 2013 6:05:33 AM

Unfortunately these reports no longer have any value as they do not impact the price that we pay at the pump. That price is being artificially manipulated.
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JPillo
Veteran Author Toronto

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Message Posted: Dec 5, 2013 6:01:47 AM

No, inventory down=price increase
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DanFMA
Champion Author Massachusetts

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Message Posted: Dec 5, 2013 5:59:20 AM

Inventory up, price down??
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RichWLIN
Champion Author Indiana

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Message Posted: Dec 5, 2013 5:58:52 AM

Speculators, not consumers, use this sort of information.
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sleuth696
Champion Author Nashville

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Message Posted: Dec 5, 2013 5:58:38 AM

and you can always believe Oblabber's minions.
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vamike
Champion Author Virginia

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Message Posted: Dec 5, 2013 5:58:34 AM

This exciting news is for those that are always complaining about articles not related to gas prices.
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Petrock
Champion Author Lexington

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Message Posted: Dec 5, 2013 5:58:33 AM

The price of oil is taking off like a rocket, up more than a dollar a barrel each of the last three days. Sounds like pure speculation at work to me.
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obimerrill
Champion Author Cincinnati

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Message Posted: Dec 5, 2013 5:58:13 AM

Good...wonder what Obama will do to reverse this!?
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WR-INC
Champion Author Twin Cities

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Message Posted: Dec 5, 2013 5:58:05 AM

No longer a supply and demand equation.
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jacob5066
Champion Author College Station

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Message Posted: Dec 5, 2013 5:56:55 AM

So
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luckyl
All-Star Author Halifax

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Message Posted: Dec 5, 2013 5:55:12 AM

these reports are useless
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friday21
Champion Author Toronto

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Message Posted: Dec 5, 2013 5:55:08 AM

Useless information
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jppezz
Champion Author New Mexico

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Message Posted: Dec 5, 2013 5:54:49 AM

Abolish the Dept. of Energy it is useless.It would also save billions.
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LeeFree
Champion Author Pittsburgh

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Message Posted: Dec 5, 2013 5:54:07 AM

Pump prices remaining steady in this area. Filled up for under $50 again.
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WGW1
Champion Author British Columbia

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Message Posted: Dec 5, 2013 5:53:44 AM

good news is bad - bad news is good.
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Dustin19d
Champion Author Fayetteville

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Message Posted: Dec 5, 2013 5:53:10 AM

these reports are useless
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AvantiMick
Champion Author Indiana

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Message Posted: Dec 5, 2013 5:52:55 AM

Another Govt. agency, and they all lie!
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TheeRedRam
Champion Author Hartford

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Message Posted: Dec 5, 2013 5:51:45 AM

Old News
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Lengas
Champion Author Gary

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Message Posted: Dec 5, 2013 5:45:20 AM

Hang on the ride is going to get harder
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gsipper
Champion Author Indianapolis

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Message Posted: Dec 5, 2013 5:45:12 AM

Yay. My demand will decline though.
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AKmailman
Champion Author Alaska

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Message Posted: Dec 5, 2013 5:45:01 AM

it's our weekly propaganda report from DOE
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Beau2140
Champion Author New York

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Message Posted: Dec 5, 2013 5:44:40 AM

So far the pump prices have held.
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livewire300
Champion Author South Carolina

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Message Posted: Dec 5, 2013 5:44:10 AM

old..
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AESJOBLOM4
Champion Author Florida

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Message Posted: Dec 5, 2013 5:42:00 AM

CARRY ON
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metrojeep
Champion Author Fort Worth

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Message Posted: Dec 5, 2013 5:40:55 AM

More numbers and prices are not dropping
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ican2step
Champion Author Pittsburgh

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Message Posted: Dec 5, 2013 5:40:25 AM

Okay. Thursday numbers.
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Nancy&Len
Champion Author Cleveland

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Message Posted: Dec 5, 2013 5:38:51 AM

SOS
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jrs4125
Champion Author Indiana

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Message Posted: Dec 5, 2013 5:36:37 AM

Alrighty then for now.
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gabisgram
Champion Author Michigan

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Message Posted: Dec 5, 2013 5:36:02 AM

So why is the price so high?
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raccoon2011
Champion Author Massachusetts

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Message Posted: Dec 5, 2013 5:35:45 AM

east coast usually has the lowest refinery output therfore prices are always higher. if we didn't export distillates we would have a surplus for the year.
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leo3614
Sophomore Author Arizona

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Message Posted: Dec 5, 2013 5:33:18 AM

does not seem like there is any shortage
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kobes1
Champion Author Florida

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Message Posted: Dec 5, 2013 5:32:58 AM

Why are prices so high
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BigBearHug
Champion Author Amarillo

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Message Posted: Dec 5, 2013 5:32:50 AM

right
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zaq001
Champion Author Atlanta

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Message Posted: Dec 5, 2013 5:29:49 AM

But, will we see a drop at the pump?
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Z06KY
Champion Author Louisville

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Message Posted: Dec 5, 2013 5:26:37 AM

Thanks for the update.
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Bxman
All-Star Author Richmond

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Message Posted: Dec 5, 2013 5:25:07 AM

All about profits
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