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GasBuddy News Article

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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
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Author Topic: EIA: Gasoline and distillate stocks remain much lower than year ago Post a Reply Back to Topics
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honda0105
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tell us something we don't know...
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Donatelo
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Donatelo
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sparky808
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old post.
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RUNNINONEMPTYFL
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Here we go again...
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OldMan322
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"Wizrd03" That is the way it is, NO team players here
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Wizrd03
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Sure - cut prodution to raise prices
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Ray_10589
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IOK
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gd83goldwinger
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sounds like a way to rise prices.
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pitamon
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Because "Big Oil & refineries" are screwing us.
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BEngr
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Message Posted: Oct 4, 2012 5:12:25 AM
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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.
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dar 1
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They will start gaining ,,,,winter is coming.........
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pfone1847
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forderjunk
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OK
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smenzel
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Ok
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Lengas
Champion Author Gary

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BIG OIL MANIPILATION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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LeeFree
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In the meantime pump prices drift just below the $4/gal mark here in this area.
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kirzon484
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k
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DavidsChallenge
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Gas is HIGH
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sent4456
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Nothing new.
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DblChek
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Message Posted: Oct 4, 2012 4:46:52 AM
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I have a hard time completely believing anything from the EIA.


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

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Message Posted: Oct 4, 2012 4:46:40 AM
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Still plenty of inventory. Gas is too high.
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jeff95519
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drill baby drill
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Dailyrun
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Great!!
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Petrock
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Whatever it takes to keep the price of gasoline high, I guess!
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cehend
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Notable stats.
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ILVET
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This use to be the exception now its the rule
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neptune2008
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greek??
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Hunter114
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ok
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4064BORI
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Ok
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Z06KY
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Still high gas prices.
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Foxt
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Doesn't make any difference, does it?
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lpatti1
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Lower prices!
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padlocks2
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Who cares, just lower the price at the pumps and everyone wins
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4bobux
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SUPERSTEVIEO
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OK... so what is the next step??? do we buy horses? or is there someone that will stimulate the gasoline industry into being responsible.
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Tiput
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another excuse to rise gas price.
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Tru2psu2
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not good!
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Tigercat88
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Same Old Government Crap.
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hawkman1950
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That's because they are shipping it out of the United States.
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FMREALTOR
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Old News
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Our Government has waaaayyyy too many "Administrations"! A waste of money!
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Jmac2008
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old
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Bonanza
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Yesterday's news
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twobroke61
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old news
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Ok.
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Whatever.
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