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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
dfp609
Champion Author Cincinnati

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Points:854,405
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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.
babycatt116
Champion Author Massachusetts

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

mkay too
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.
pilotmass
Champion Author Boston

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

Forgot about this
gasmask78
Champion Author Virginia

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

mkay
PAA64
Champion Author Cincinnati

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

interesting
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
gasmask78
Champion Author Virginia

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

Demand? NOOOOOOOOOOOOOOOOOOOO!!!
gasmask78
Champion Author Virginia

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

Hooray
gasmask78
Champion Author Virginia

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

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

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

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

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

ok
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.
RS101
Champion Author Minnesota

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

Time will tell if a benefit.
OldMan322
Champion Author Illinois

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

"jflabbe96" Always has been
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.
JPillo
Veteran Author Toronto

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

No, inventory down=price increase
DanFMA
Champion Author Massachusetts

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

Inventory up, price down??
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.
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.
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.
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.
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!?
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.
jacob5066
Champion Author College Station

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

So
luckyl
All-Star Author Halifax

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

these reports are useless
friday21
Champion Author Toronto

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

Useless information
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.
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.
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.
Dustin19d
Champion Author Fayetteville

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

these reports are useless
AvantiMick
Champion Author Indiana

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

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

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

Old News
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
gsipper
Champion Author Indianapolis

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

Yay. My demand will decline though.
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
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.
livewire300
Champion Author South Carolina

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

old..
AESJOBLOM4
Champion Author Florida

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

CARRY ON
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
ican2step
Champion Author Pittsburgh

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

Okay. Thursday numbers.
Nancy&Len
Champion Author Cleveland

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

SOS
jrs4125
Champion Author Indiana

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

Alrighty then for now.
gabisgram
Champion Author Michigan

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

So why is the price so high?
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.
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
kobes1
Champion Author Florida

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

Why are prices so high
BigBearHug
Champion Author Amarillo

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

right
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?
Z06KY
Champion Author Louisville

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

Thanks for the update.
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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