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Author Topic: EIA reports shows refinery production still lagging Back to Topics
PD
Moderator
Message Posted: May 14, 2014 10:43:35 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 0.9 million barrels to a total of 398.5 million barrels. At 398.5 million barrels, inventories are 3.6 million barrels above last year (0.9%) and are above the average range for this time of year.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 0.8 million barrels to 212.4 million barrels. At 212.4 million barrels, inventories are down 5.3 million barrels, or 2.4% lower than one year ago. Here's how individual regions and their gasoline inventory fared last week: East Coast (+1.0mb)...

Visit GasBuddy Blog for full article
REPLIES (newest first) Post a Reply
No1ConMan
Champion Author Memphis

Posts:4,265
Points:996,480
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Message Posted: May 30, 2014 1:25:06 PM

They certainly don't want a glut of product to hit the market, that might lower prices!
gasmask78
Champion Author Virginia

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Message Posted: May 30, 2014 12:21:36 AM

Okay
gasmask78
Champion Author Virginia

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Message Posted: May 30, 2014 12:20:55 AM

Okay
honda0105
Champion Author Tallahassee

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Message Posted: May 20, 2014 5:35:48 AM

calbo: bingo.
Calbo1
Champion Author Las Vegas

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Message Posted: May 19, 2014 12:26:53 PM

of course, keeps demand where it's at and prices high
honda0105
Champion Author Tallahassee

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Message Posted: May 19, 2014 5:32:28 AM

help4u: b/c Pig Oil can't create a bottleneck with full throttle production.
GasPriceHelp4u
Champion Author Dayton

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Message Posted: May 18, 2014 10:55:04 AM

Don't understand why?
honda0105
Champion Author Tallahassee

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Message Posted: May 18, 2014 8:23:45 AM

pete: no excuse, other than "unplanned" fires? :P
Pete12
Champion Author Albany

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Message Posted: May 15, 2014 9:51:54 PM

They better get 'er done. There is no excuse the maintenance and summer changeover should be done.
QSR
Sophomore Author Jacksonville

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Message Posted: May 15, 2014 7:39:25 PM

Thats not cool
Digger52
Champion Author Chicago

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Message Posted: May 15, 2014 11:28:48 AM

ok
LanguageMan1
Champion Author Tampa

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Message Posted: May 15, 2014 11:14:49 AM

Roger1315: "They are just Manipulating Gas prices..This should be Investigated.."

So who's going to do anything or investigate them? Politicians? Judicial system? They're bought out by them! Nothing will be done by them; just as nothing really has been done over the years as most of it amounted to much of nothing.
LanguageMan1
Champion Author Tampa

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Message Posted: May 15, 2014 11:08:14 AM

I'm not going to cry as I knew what was coming. Higher prices at the pump are coming at a station near you.
doctorindyj
Champion Author Santa Fe

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Message Posted: May 15, 2014 11:04:36 AM

EIA. Another worthless bureaucracy.
mdcsgt
Champion Author South Carolina

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Message Posted: May 15, 2014 8:46:41 AM

I like "still lagging" description. Damn right they lagging. Why do you think that is?? I have an idea. It's called ARTIFICIALLY keeping the SUPPLY DOWN to keep THE PRICES UP!!!! Big Oil knows that if the EIA report says Gasoline supplies have Dropped (doesn't matter if only by 1 damn gallon) the SPECULATOR'S WILL RAISE THE PRICE. It's a MONEY GAME people and the American Consumer is the pawn!!!!
mdcsgt
Champion Author South Carolina

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Message Posted: May 15, 2014 8:42:40 AM

I don't see lower prices during the summer (driving season). We will be gouged for maximum profits until after Labor Day. Prices will retreat a little then UNTIL THE REFINERIES CUT BACK PRODUCTION to keep the pump prices elevated through fall & winter with the "shortage in supply scenario EXCUSE".
Oh I forgot, before that they have to shut down for maintenance and to switch over to "winter blend" which costs more to produce, etc. etc. etc., YOU GUYS GET THE PICTURE, RIGHT?? SAME OLD BS EXCUSES EVERY YEAR since around 2007-2008
NO_SWEAT
Champion Author Toronto

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Message Posted: May 15, 2014 8:38:03 AM

Same old story - new title.
theyrobus
Champion Author Ontario

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Message Posted: May 15, 2014 8:33:10 AM

Do these people think were IDIOTS
RocketGeek
Champion Author Grand Rapids

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Message Posted: May 15, 2014 5:02:05 AM

New week, same old stuff.
GamePlayer420
Champion Author Washington

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Message Posted: May 15, 2014 4:53:48 AM

EIA is a scam agency with bogus information.
roger1315
Champion Author North Carolina

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Message Posted: May 15, 2014 4:53:01 AM

They are just Manipulating Gas prices..This should be Investigated..
Beau2140
Champion Author New York

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Message Posted: May 15, 2014 4:52:00 AM

Keep production down and prices up.
duane7810
Champion Author Illinois

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Message Posted: May 15, 2014 4:50:35 AM

WHY??? text deleted
iGas38
Champion Author Portland

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Message Posted: May 15, 2014 4:47:17 AM

****report shows refinery production lagging, false shortages and high fuel prices - anything else?
gabbygusIN
Champion Author Indiana

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Message Posted: May 15, 2014 4:46:53 AM

Refineries are producing but they are exporting to keep the prices high! GREED!!!
TravelinMan52
Champion Author Augusta

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Message Posted: May 15, 2014 4:46:26 AM

And the cycle continues...
Bus936
Champion Author Lexington

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Message Posted: May 15, 2014 4:38:26 AM

This is total BS. They are using this excuse to further raise the pump prices and legally steal.
TooLittle2Late
Champion Author Washington

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Message Posted: May 15, 2014 4:37:23 AM

Wonder where all the Bakken Crude is going, think it's being exported and that us why supplies are low, greedy Big Oil at it again,
fratt
Champion Author Grand Rapids

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Message Posted: May 15, 2014 4:37:10 AM

Higher prices.
furiousfowl
Champion Author Riverside

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Message Posted: May 15, 2014 4:36:34 AM

its all 4 greed to keep prices high
tomok
Champion Author Portland

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Message Posted: May 15, 2014 4:33:13 AM

EIA reports shows refinery production still lagging and there are high prices at the pump! *Big Oil's profits continue to rise at our expense. Big Oil can charge whatever they want at the pump and we will never have any other option but to pay, pay, pay! ***Produce less fuel, create a shortage and charge more at the pump! ***Why have it any other way?
Crude oil inventories decreased, Gasoline inventories decreased, Distillate inventories decreased, Refinery utilization down 1.4% from last week, Total US oil stocks down 1.3% over last year and there are still high fuel prices at the pump! The fuel prices at the pump should be much lower for 'coming out of the closet' Sneekers666 'spending gone wild' very bad 'in the crapper' 'dog and pony show' socialist economy to recover just a little more than what it's ever going to do otherwise! Rockets and Feathers at work! Need more Rocks, Bigger Rocks! Boulders!
Surprise! Surprise! E-I-A, E-I-A, E--I--E--I----O-O-O-O-O!
Big Oil and Big Gas sells fuel and natural gas for higher prices. 'Coming out of the closet' Sneekers666 lousy, spending gone wild, smoke and mirrors, lack of jobs, dog and pony show and 'in the crapper' economy, the jobs are Not here. Sneekers666 economy is not improving but continues to hurt the population and the job numbers continue to be down!
Can't wait for Sneekers666 to fade away like it was a very bad eight year nightmare! The Sooner, The Better! This Economy and Nation have suffered more than enough!!!!!
The US ‘oil and natural gas resources’ are to be used by the countries citizens! The price at the pump needs to go down to $2.50/gallon -> *$3, or *$3.50/gallon is Not the new low!
**More Refineries are Not the Answer, Stop Exporting Fuel IS THE Answer!
***If 'they' can export that much fuel, there are enough refineries already, there are NO need for MORE Refineries! OR for any Refineries located at the 'source' of the domestic crude oil!
***Take care of the domestic fuel market first and above all else before exporting and selling fuel or natural gas to other countries!
Fuel prices are up at local gas stations ---->>>>> DOWN IS BETTER!
This sounds like prejacu---, ahhhhhh, manipulation to me! ***What a Crap of Crock this is!
***Produced by nonessential federal employees for your enjoyment using our taxpayer money.
Drive vehicles with high mpg, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
mohammed10
Champion Author Gainesville

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Message Posted: May 15, 2014 4:32:42 AM

* shocking *
chuckwthompson
Champion Author Charlotte

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Message Posted: May 15, 2014 4:31:52 AM

Imagine that!
BigDogOH
Champion Author Cincinnati

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Message Posted: May 15, 2014 4:30:28 AM

Get the Government regulations and allow less stringent rules for the building of new more efficient refineries.
jci25946
Champion Author Tampa

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Message Posted: May 15, 2014 4:30:24 AM

We need newer, more efficient refineries to handle the high levels of crude..... gas prices?????
mike1881
Champion Author Fayetteville

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Message Posted: May 15, 2014 4:27:47 AM

well let's pick it up then
HA4CNN
Champion Author Toronto

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Message Posted: May 15, 2014 4:25:58 AM

Change the Government regulations to reflect reality and allow less stringent rules for the building of new more efficient refineries and stop this shortage of fuel products.
1fulltank
Champion Author Buffalo

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Message Posted: May 15, 2014 4:22:20 AM

After all the maintenance has been done, now it's time to raise the output.
twobroke61
Champion Author Michigan

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Message Posted: May 15, 2014 4:16:27 AM

think humblepie said it best
Rick52
Champion Author Milwaukee

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Message Posted: May 15, 2014 4:11:07 AM

They are just Manipulating Gas prices..This should be Investigated..
Ready Eddie
Champion Author Twin Cities

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Message Posted: May 15, 2014 4:05:05 AM

Good one "humblepie"
badharley
Champion Author Tampa

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Message Posted: May 15, 2014 4:04:14 AM

What ever.
humblepie
Champion Author Toledo

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Message Posted: May 15, 2014 4:01:35 AM

weekly speculators report is in
VB_Richard
Champion Author Virginia Beach

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Message Posted: May 15, 2014 3:59:07 AM

Maybe better info next week!!
ovillaone
Champion Author Dallas

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Message Posted: May 15, 2014 3:56:06 AM

ok
Pozole
Champion Author Portland

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Message Posted: May 15, 2014 3:52:35 AM

...any rush would challenge their PROFITs...
Me210
Champion Author Washington

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Message Posted: May 15, 2014 3:45:40 AM

Just another excuse.
biggiesize
Champion Author Gary

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Message Posted: May 15, 2014 3:44:00 AM

Have to keep the pump prices up!
mazdaboy
Champion Author Portland

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Message Posted: May 15, 2014 3:39:52 AM

It will always lag because we don't have enough refineries.
mahkokhan
Champion Author British Columbia

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Message Posted: May 15, 2014 3:39:48 AM

Hmm...
SteveMartin
Champion Author New Orleans

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Message Posted: May 15, 2014 3:39:38 AM

Keep it here.
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