Not Logged In Log In   Sign Up   Points Leaders
Follow Us    2:58 PM

GasBuddy News Article

55
votes
EIA: Gasoline and distillate stocks remain much lower than year ago

GasBuddy Blog -- The Energy Information Administration released its weekly report on the condition of petroleum inventories in the United States today.

Here are some highlights:

CRUDE INVENTORIES:
Crude oil inventories decreased by 0.5 million barrels to a total of 364.7 million barrels. At 364.7 million barrels, inventories are 28.4 million barrels above last year (8.4%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories increased by 0.1 million barrels to 195.9 million barrels. At 195.9 million barrels, inventories are down 17.8 million barrels, or 8.3% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (-0.7mb);...


Read the Full Article

Submitted Oct 03, 2012 By: PD
Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: EIA: Gasoline and distillate stocks remain much lower than year ago Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
honda0105
Champion Author Tallahassee

Posts:22,629
Points:2,162,365
Joined:Nov 2008
Message Posted: Oct 10, 2012 11:05:32 PM

tell us something we don't know...
Profile Pic
Donatelo
Champion Author Dayton

Posts:1,223
Points:331,165
Joined:Apr 2011
Message Posted: Oct 7, 2012 9:55:21 AM

ok
Profile Pic
Donatelo
Champion Author Dayton

Posts:1,223
Points:331,165
Joined:Apr 2011
Message Posted: Oct 6, 2012 8:33:04 AM

ok
Profile Pic
sparky808
Champion Author Honolulu

Posts:5,229
Points:1,129,850
Joined:Sep 2011
Message Posted: Oct 4, 2012 12:27:38 PM

old post.
Profile Pic
RUNNINONEMPTYFL
Champion Author Florida

Posts:1,435
Points:509,965
Joined:May 2011
Message Posted: Oct 4, 2012 11:01:46 AM

Here we go again...
Profile Pic
OldMan322
Champion Author Illinois

Posts:9,088
Points:2,146,105
Joined:Jul 2008
Message Posted: Oct 4, 2012 7:59:01 AM

"Wizrd03" That is the way it is, NO team players here
Profile Pic
Wizrd03
Champion Author Illinois

Posts:10,596
Points:2,184,835
Joined:Oct 2008
Message Posted: Oct 4, 2012 7:27:56 AM

Sure - cut prodution to raise prices
Profile Pic
Ray_10589
Champion Author New York

Posts:7,216
Points:1,717,365
Joined:May 2009
Message Posted: Oct 4, 2012 6:42:38 AM

IOK
Profile Pic
gd83goldwinger
Champion Author South Bend

Posts:2,584
Points:794,580
Joined:May 2011
Message Posted: Oct 4, 2012 6:37:51 AM

sounds like a way to rise prices.
Profile Pic
pitamon
Champion Author Philadelphia

Posts:6,767
Points:2,343,115
Joined:Sep 2004
Message Posted: Oct 4, 2012 6:12:41 AM

Because "Big Oil & refineries" are screwing us.
Profile Pic
BEngr
Champion Author Illinois

Posts:9,182
Points:2,123,540
Joined:May 2008
Message Posted: Oct 4, 2012 5:12:25 AM

You have got to have some humor in your life. When you think of this if inventories rise to far you need more storage and that costs money too. If they limit imports of crude oil to the amount of storage capacity and balance refinery production to demand then gas prices should decline. But gas prices at the pump dont seem to follow the supply and demand theory and that part still has me puzzled.
Profile Pic
dar 1
Champion Author Michigan

Posts:8,256
Points:561,215
Joined:Jan 2005
Message Posted: Oct 4, 2012 5:07:06 AM

They will start gaining ,,,,winter is coming.........
Profile Pic
pfone1847
Champion Author Illinois

Posts:5,606
Points:1,173,880
Joined:Oct 2010
Message Posted: Oct 4, 2012 5:01:03 AM

ok
Profile Pic
forderjunk
Champion Author Maine

Posts:10,656
Points:2,188,895
Joined:Sep 2005
Message Posted: Oct 4, 2012 5:00:09 AM

OK
Profile Pic
swede
Champion Author Cleveland

Posts:5,124
Points:2,181,150
Joined:Feb 2003
Message Posted: Oct 4, 2012 4:58:17 AM

ok
Profile Pic
smenzel
Champion Author Seattle

Posts:3,590
Points:1,611,830
Joined:Mar 2007
Message Posted: Oct 4, 2012 4:53:01 AM

Ok
Profile Pic
Lengas
Champion Author Gary

Posts:16,136
Points:3,270,275
Joined:Nov 2004
Message Posted: Oct 4, 2012 4:51:57 AM

BIG OIL MANIPILATION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Profile Pic
LeeFree
Champion Author Pittsburgh

Posts:11,537
Points:2,786,725
Joined:Jun 2005
Message Posted: Oct 4, 2012 4:51:33 AM

In the meantime pump prices drift just below the $4/gal mark here in this area.
Profile Pic
kirzon484
Champion Author Atlanta

Posts:4,207
Points:975,275
Joined:Jun 2011
Message Posted: Oct 4, 2012 4:48:34 AM

k
Profile Pic
DavidsChallenge
All-Star Author Louisville

Posts:635
Points:125,805
Joined:Aug 2012
Message Posted: Oct 4, 2012 4:47:21 AM

Gas is HIGH
Profile Pic
sent4456
Champion Author Toronto

Posts:3,689
Points:2,670,320
Joined:Mar 2006
Message Posted: Oct 4, 2012 4:47:02 AM

Nothing new.
Profile Pic
DblChek
Champion Author San Antonio

Posts:3,384
Points:864,780
Joined:Jul 2008
Message Posted: Oct 4, 2012 4:46:52 AM

I have a hard time completely believing anything from the EIA.


Drill Here.
Refine Here.
Sell Here.
Employ Here.
Profile Pic
gabisgram
Champion Author Michigan

Posts:4,316
Points:1,374,320
Joined:Sep 2006
Message Posted: Oct 4, 2012 4:46:40 AM

Still plenty of inventory. Gas is too high.
Profile Pic
jeff95519
Champion Author California

Posts:4,821
Points:1,903,370
Joined:Sep 2008
Message Posted: Oct 4, 2012 4:45:59 AM

drill baby drill
Profile Pic
Dailyrun
Champion Author Kentucky

Posts:2,217
Points:434,915
Joined:Apr 2012
Message Posted: Oct 4, 2012 4:44:01 AM

Great!!
Profile Pic
Petrock
Champion Author Lexington

Posts:11,563
Points:3,110,260
Joined:Apr 2005
Message Posted: Oct 4, 2012 4:43:18 AM

Whatever it takes to keep the price of gasoline high, I guess!
Profile Pic
cehend
Champion Author Maryland

Posts:1,725
Points:461,525
Joined:Jan 2011
Message Posted: Oct 4, 2012 4:42:57 AM

Notable stats.
Profile Pic
ILVET
Champion Author Illinois

Posts:17,330
Points:3,475,265
Joined:Jan 2005
Message Posted: Oct 4, 2012 4:42:36 AM

This use to be the exception now its the rule
Profile Pic
neptune2008
Champion Author Michigan

Posts:10,169
Points:2,147,190
Joined:Aug 2008
Message Posted: Oct 4, 2012 4:41:48 AM

greek??
Profile Pic
Hunter114
Champion Author Chicago

Posts:15,039
Points:1,995,910
Joined:Apr 2009
Message Posted: Oct 4, 2012 4:39:11 AM

ok
Profile Pic
4064BORI
Champion Author Virginia Beach

Posts:1,508
Points:583,745
Joined:Feb 2010
Message Posted: Oct 4, 2012 4:37:57 AM

Ok
Profile Pic
Hop1LA
Champion Author Baton Rouge

Posts:5,699
Points:1,723,200
Joined:Apr 2008
Message Posted: Oct 4, 2012 4:36:22 AM

ok
Profile Pic
Z06KY
Champion Author Louisville

Posts:7,618
Points:1,458,090
Joined:Nov 2010
Message Posted: Oct 4, 2012 4:36:11 AM

Still high gas prices.
Profile Pic
Foxt
Champion Author Minnesota

Posts:7,638
Points:2,565,730
Joined:Jul 2006
Message Posted: Oct 4, 2012 4:34:36 AM

Doesn't make any difference, does it?
Profile Pic
lpatti1
Champion Author Philadelphia

Posts:10,872
Points:2,388,715
Joined:Sep 2005
Message Posted: Oct 4, 2012 4:32:11 AM

Lower prices!
Profile Pic
padlocks2
Champion Author Virginia

Posts:3,062
Points:622,030
Joined:Aug 2006
Message Posted: Oct 4, 2012 4:30:23 AM

Who cares, just lower the price at the pumps and everyone wins
Profile Pic
4bobux
Champion Author Peoria

Posts:3,625
Points:884,310
Joined:Mar 2012
Message Posted: Oct 4, 2012 4:29:54 AM

ok
Profile Pic
SUPERSTEVIEO
Champion Author Quebec

Posts:3,523
Points:787,115
Joined:Oct 2010
Message Posted: Oct 4, 2012 4:29:28 AM

OK... so what is the next step??? do we buy horses? or is there someone that will stimulate the gasoline industry into being responsible.
Profile Pic
Tiput
Champion Author Ottawa

Posts:1,980
Points:461,125
Joined:Jul 2011
Message Posted: Oct 4, 2012 4:27:25 AM

another excuse to rise gas price.
Profile Pic
Tru2psu2
Champion Author Winston-Salem

Posts:17,511
Points:2,073,490
Joined:Feb 2004
Message Posted: Oct 4, 2012 4:25:38 AM

not good!
Profile Pic
Tigercat88
Champion Author North Carolina

Posts:5,630
Points:1,169,365
Joined:Jul 2011
Message Posted: Oct 4, 2012 4:25:29 AM

Same Old Government Crap.
Profile Pic
hawkman1950
Champion Author Michigan

Posts:5,084
Points:1,093,055
Joined:Aug 2010
Message Posted: Oct 4, 2012 4:25:14 AM

That's because they are shipping it out of the United States.
Profile Pic
FMREALTOR
Champion Author Florida

Posts:8,804
Points:2,242,805
Joined:Jan 2007
Message Posted: Oct 4, 2012 4:24:14 AM

Old News
Profile Pic
AvantiMick
Champion Author Indiana

Posts:15,113
Points:3,084,575
Joined:Dec 2005
Message Posted: Oct 4, 2012 4:21:50 AM

Our Government has waaaayyyy too many "Administrations"! A waste of money!
Profile Pic
Jmac2008
Champion Author Missouri

Posts:4,359
Points:1,384,220
Joined:Dec 2008
Message Posted: Oct 4, 2012 4:20:18 AM

old
Profile Pic
Bonanza
Champion Author Boston

Posts:14,971
Points:3,103,280
Joined:Jun 2004
Message Posted: Oct 4, 2012 4:19:30 AM

Yesterday's news
Profile Pic
twobroke61
Champion Author Michigan

Posts:10,810
Points:2,137,160
Joined:Sep 2008
Message Posted: Oct 4, 2012 4:19:23 AM

old news
Profile Pic
Ziggy1962
Champion Author New Jersey

Posts:54,740
Points:2,362,490
Joined:Aug 2006
Message Posted: Oct 4, 2012 4:15:58 AM

Ok.
Profile Pic
Pointtx
Champion Author Austin

Posts:5,563
Points:1,250,325
Joined:Mar 2011
Message Posted: Oct 4, 2012 4:15:11 AM

Whatever.
Profile Pic
batman2010
Champion Author Toronto

Posts:4,063
Points:1,546,270
Joined:Jan 2010
Message Posted: Oct 4, 2012 4:12:06 AM

ok
Post a reply Back to Topics