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Weekly EIA report shows further erosion for east coast refinery output

GasBuddy Blog -- 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 1.8 million barrels to a total of 374.8 million barrels. At 374.8 million barrels, inventories are 36.8 million barrels above last year (10.9%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories increased by 2.9 million barrels to 202.4 million barrels. At 202.4 million barrels, inventories are down 1.8 million barrels, or 0.9% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (-1.3mb); Midwest...

Read the Full Article

Submitted Nov 07, 2012 By: PD
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Author Topic: Weekly EIA report shows further erosion for east coast refinery output Post a Reply Back to Topics
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honda0105
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Message Posted: Nov 10, 2012 7:32:05 AM
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the usual useless figures.
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52MPG
Champion Author Dayton

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Message Posted: Nov 9, 2012 1:28:37 AM
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If supplies are up prices should be down.
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Pete12
Champion Author Albany

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Message Posted: Nov 8, 2012 8:25:09 PM
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Prices are dropping big time in my area of the Capitol District of NY.
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goldrose1
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Message Posted: Nov 8, 2012 5:22:18 PM
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Fuel coming from other sources supplying stations.
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prcoqui
Champion Author Maryland

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Not affecting gas prices yet.
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dudleydolittle
Champion Author Cleveland

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sad...
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putterstoy
All-Star Author Texas

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Message Posted: Nov 8, 2012 5:35:35 AM
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Not so good.
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plbell627
Champion Author Dayton

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Message Posted: Nov 8, 2012 5:34:21 AM
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OLD NEWS get New Articles
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fordfan1
Champion Author Indiana

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Message Posted: Nov 8, 2012 5:34:04 AM
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Not good news for the rest of the country too!!!! The prices shot up here in Northeast Indiana 30 cents on Tuesday!!!!!
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TXryder
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Its okay because usage is way down in that area also
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VetteFan
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Message Posted: Nov 8, 2012 5:33:22 AM
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I hope the refineries can recover soon.
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dylan126
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gas prices on the rise....
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RichWLIN
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Big brother's right arm says so.
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DrivingFool2
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Happens also
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fruitpic
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ok
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03mdx
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The East Coast is in bad shape, so this is not unexpected.
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WonderfulMI
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Now, if Canada would just refine their tar sands oil on site, there would be no fuel shortage.
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GoLancer4
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uh huh
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bondo
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Ok
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teamsimons
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Message Posted: Nov 8, 2012 5:29:17 AM
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Inventories of crude and gasoline are up and prices are coming down a bit at a time. This sounds like good news. Wish it would last...
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mark1962
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as usual.
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FNB1967
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Blah blah blah
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NJColt
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Who cares.
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RocketGeek
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Let the price games begin.
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Clayton2000
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More snow
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fillerupyeoww
Champion Author Columbus

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All that means is fuel isn't getting to the people that need it in the northeast. Pump prices up .30 here while crude went down 3.00.
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cheapertvs
Champion Author Richmond

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Message Posted: Nov 8, 2012 5:24:54 AM
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So why are prices at the pump not falling much faster?
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mandoid
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Message Posted: Nov 8, 2012 5:24:21 AM
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short term maybe it will go down, but...
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cutter1330
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Otay.
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Zuman
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More crap
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Ferdman17
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Relief
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rogerparry
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Ignore the noise and keep conserving.
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Straitliner
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Maybe the gas will go under 3.00 a gallon.
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chuckohio
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If inventories are up than prices should come down?
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smqua
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Manipulation
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nb52
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Good old bureaucrats.
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Hunter114
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An excuse for the gas pimps.
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slkmoo
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ok
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kobes1
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Gonna be a long winter
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silverfox63
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Just another excuse to jack up the prices again.
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bikerWI
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Ok.
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oas
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Things will take a while in the northeast.
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germainesr
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I don't think it makes a difference
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JoJoQc
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Okay!
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dar 1
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Not good................
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GLM4205
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Message Posted: Nov 8, 2012 5:10:37 AM
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Prices have been up last two days.
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Jeffro61
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Just a report to give speculators something to speculate.
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bikechuck
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Doesn't seem to make much difference at the pump.
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DexLucas
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ok
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lbrinkmn
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ok
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