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Author Topic: EIA: Gasoline inventory increases by 1.7 million barrels; crude stock declines Back to Topics
PD

Moderator
Message Posted: Jun 11, 2014 11:01:34 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 2.6 million barrels to a total of 386.9 million barrels. At 386.9 million barrels, inventories are 6.9 million barrels below last year (-1.7%) and are in the upper half of the average range for this time of year.

GASOLINE INVENTORIES:
Gasoline inventories increased by 1.7 million barrels to 213.5 million barrels. At 213.5 million barrels, inventories are down 8.1 million barrels, or 3.6% lower than one year ago. Here's how individual regions and their gasoline inventory fared last week: East Coast (+.0.2mb); Midwest (+1.1mb); Gulf Coast (-0.3mb); Rockies (even); and West Coast (+0.6mb). It is important to note which regions saw increases/decreases as this information likely drives prices up (in the case of falling inv

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REPLIES (newest first) Post a Reply
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Raider44
Champion Author Allentown

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Message Posted: Jun 21, 2014 12:03:44 AM

so....
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Tundralimited2009
Champion Author Dallas

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Message Posted: Jun 20, 2014 1:09:55 AM

Great...
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Raider44
Champion Author Allentown

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Message Posted: Jun 18, 2014 2:14:03 AM

and....
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honda0105
Champion Author Tallahassee

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Message Posted: Jun 16, 2014 5:39:53 AM

the weekly twisting of numbers ...
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honda0105
Champion Author Tallahassee

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Message Posted: Jun 16, 2014 5:39:41 AM

bratib: bingo. B/c specutraitors are getting cold feet in the summer heat.
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honda0105
Champion Author Tallahassee

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Message Posted: Jun 15, 2014 7:57:04 AM

pegrassi: that'd be cutting into Pig Oil's wallet fattening profits :P
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Treasurehuntxxx
Champion Author Toronto

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Message Posted: Jun 13, 2014 4:57:06 AM

gas here is up
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Bratib
Rookie Author Maryland

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Message Posted: Jun 12, 2014 4:50:16 PM

Sooo, gas inventory is up and the price goes up because crude inventory is down?
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scu227
Champion Author New Haven

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Message Posted: Jun 12, 2014 8:24:02 AM

We used some crude to convert to gasoline, isn't that we are supposed to do ??
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craigsf38
Champion Author Rochester

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Message Posted: Jun 12, 2014 7:39:09 AM

More opportunity for speculators
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pitamon
Champion Author Philadelphia

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Message Posted: Jun 12, 2014 6:42:34 AM

So we are going to be screwed by the speculators,.
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WonderfulMI
Champion Author Michigan

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Message Posted: Jun 12, 2014 6:21:53 AM

When crude inventories are up, gasoline inventory is down.

When crude inventories are down, gasoline inventory is up.

When either is down, prices are up.
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kobes1
Champion Author Florida

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Message Posted: Jun 12, 2014 6:18:08 AM

Greed
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dar 1
Champion Author Michigan

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Message Posted: Jun 12, 2014 6:07:21 AM

And yet our prices KEEP GOING UP AND UP.....
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devildog66
Champion Author Pennsylvania

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Message Posted: Jun 12, 2014 6:04:12 AM

More numbers, more excuses.
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jflabbe96
Champion Author Pennsylvania

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Message Posted: Jun 12, 2014 6:03:44 AM

All of this matters little because of artificially inflated prices.
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rupert64
Champion Author Dayton

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Message Posted: Jun 12, 2014 6:02:40 AM

ok
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Petrock
Champion Author Lexington

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Message Posted: Jun 12, 2014 6:02:39 AM

THAT must be why our prices went up $0.25 a gallon yesterday! More gasoline, higher prices, BIG, BIG profits - life is so good! (for somebody, not us)
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metrojeep
Champion Author Fort Worth

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Message Posted: Jun 12, 2014 6:02:11 AM

Just more numbers
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alohamary
Champion Author Massachusetts

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Message Posted: Jun 12, 2014 6:00:25 AM

Hmmm
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bigdaddy228
Champion Author Kentucky

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Message Posted: Jun 12, 2014 5:59:24 AM

gas here is up.
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bikerWI
Champion Author Milwaukee

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Message Posted: Jun 12, 2014 5:59:14 AM

Prices are way too high here.
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neptune2008
Champion Author Michigan

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Message Posted: Jun 12, 2014 5:59:03 AM

and then what?
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Jeffro61
Champion Author Cleveland

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Message Posted: Jun 12, 2014 5:58:41 AM

Old news for speculators.
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grab4it
Champion Author Fort Worth

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Message Posted: Jun 12, 2014 5:58:38 AM

Good
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dc1552
Champion Author Virginia Beach

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Message Posted: Jun 12, 2014 5:57:13 AM

Prices in our area are steady for a couple of weeks now.
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rahcat
Champion Author Grand Rapids

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Message Posted: Jun 12, 2014 5:56:42 AM

Useless agency and report.
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ClassicWheeler
Champion Author Montgomery

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Message Posted: Jun 12, 2014 5:54:17 AM

Prices are going down, but not enough for me.
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ColonelK
Champion Author Virginia

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Message Posted: Jun 12, 2014 5:53:31 AM

ok
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LeeFree
Champion Author Pittsburgh

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Message Posted: Jun 12, 2014 5:52:22 AM

Prices holding steady here at $3.80.
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TooLittle2Late
Champion Author Washington

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Message Posted: Jun 12, 2014 5:51:30 AM

Do not believe the source.
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willinh
All-Star Author New Hampshire

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Message Posted: Jun 12, 2014 5:51:22 AM

UP UP UP
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mahkokhan
Champion Author British Columbia

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Message Posted: Jun 12, 2014 5:50:09 AM

Ok...
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sawdust1825
Champion Author Illinois

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Message Posted: Jun 12, 2014 5:49:17 AM

Prices are to high at the pump.
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neptune2008
Champion Author Michigan

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Message Posted: Jun 12, 2014 5:49:08 AM

and we bend over, more
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GLM4205
Champion Author Toledo

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Message Posted: Jun 12, 2014 5:47:58 AM

Yet prices went up here to 3.95 from 3.59.
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jppezz
Champion Author New Mexico

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Message Posted: Jun 12, 2014 5:47:33 AM

Just a reason to raise prices.
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jeff95519
Champion Author California

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Message Posted: Jun 12, 2014 5:46:42 AM

so then what
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74celica
Champion Author Columbus

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Message Posted: Jun 12, 2014 5:45:35 AM

and yet prices went up here 25 cents a gallon.greed,plain and simple
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dhawk24
Champion Author Maine

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Message Posted: Jun 12, 2014 5:45:15 AM

Meaningless reports.
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Lengas
Champion Author Gary

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Message Posted: Jun 12, 2014 5:44:43 AM

Gas prices still up.
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Hunter114
Champion Author Chicago

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Message Posted: Jun 12, 2014 5:44:30 AM

Price manipulation much?
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RNF
Champion Author Indiana

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Message Posted: Jun 12, 2014 5:44:09 AM

Inventory goes up, prices go down.
That's how everything else in the world works.
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hawkman1950
Champion Author Michigan

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Message Posted: Jun 12, 2014 5:42:52 AM

But prices go up.
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hamdriver
Champion Author Lansing

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Message Posted: Jun 12, 2014 5:42:36 AM

bs
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tallyman
Champion Author Tallahassee

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Message Posted: Jun 12, 2014 5:42:08 AM

Will the gas prices go down?
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mikejapan
Champion Author San Diego

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Message Posted: Jun 12, 2014 5:40:48 AM

ok
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koened
Champion Author Fort Wayne

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Message Posted: Jun 12, 2014 5:38:34 AM

Yahoo!
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gabisgram
Champion Author Michigan

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Message Posted: Jun 12, 2014 5:37:56 AM

Raise the price and there you go.
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Settjec
Champion Author Little Rock

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Message Posted: Jun 12, 2014 5:36:06 AM

Indeed.....
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alphanyr
Champion Author Connecticut

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Message Posted: Jun 12, 2014 5:36:01 AM

Okay
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