GasBuddy Blog

GasBuddy News Article

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

Back To News

Category: GasBuddy Official Blog > Topics	Add to favorite topics Post New Topic

Author	Topic: EIA: Gasoline and distillate stocks remain much lower than year ago	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

First

Next Last

honda0105 Champion Author Tallahassee Posts:18,599 Points:1,607,570 Joined:Nov 2008	Message Posted: Oct 11, 2012 12:05:32 AM Ignore honda0105 Report Abuse tell us something we don't know...
Donatelo Champion Author Dayton Posts:1,118 Points:291,825 Joined:Apr 2011	Message Posted: Oct 7, 2012 10:55:21 AM Ignore Donatelo Report Abuse ok
Donatelo Champion Author Dayton Posts:1,118 Points:291,825 Joined:Apr 2011	Message Posted: Oct 6, 2012 9:33:04 AM Ignore Donatelo Report Abuse ok
sparky808 Champion Author Honolulu Posts:2,993 Points:596,760 Joined:Sep 2011	Message Posted: Oct 4, 2012 1:27:38 PM Ignore sparky808 Report Abuse old post.
RUNNINONEMPTYFL Champion Author Florida Posts:1,408 Points:460,700 Joined:May 2011	Message Posted: Oct 4, 2012 12:01:46 PM Ignore RUNNINONEMPTYFL Report Abuse Here we go again...
OldMan322 Champion Author Illinois Posts:5,145 Points:1,592,790 Joined:Jul 2008	Message Posted: Oct 4, 2012 8:59:01 AM Ignore OldMan322 Report Abuse "Wizrd03" That is the way it is, NO team players here
Wizrd03 Champion Author Illinois Posts:8,142 Points:1,630,385 Joined:Oct 2008	Message Posted: Oct 4, 2012 8:27:56 AM Ignore Wizrd03 Report Abuse Sure - cut prodution to raise prices
Ray_10589 Champion Author New York Posts:4,941 Points:1,182,010 Joined:May 2009	Message Posted: Oct 4, 2012 7:42:38 AM Ignore Ray_10589 Report Abuse IOK
gd83goldwinger Champion Author South Bend Posts:1,428 Points:503,480 Joined:May 2011	Message Posted: Oct 4, 2012 7:37:51 AM Ignore gd83goldwinger Report Abuse sounds like a way to rise prices.
pitamon Champion Author Philadelphia Posts:4,894 Points:1,824,410 Joined:Sep 2004	Message Posted: Oct 4, 2012 7:12:41 AM Ignore pitamon Report Abuse Because "Big Oil & refineries" are screwing us.
BEngr Champion Author Illinois Posts:6,706 Points:1,579,040 Joined:May 2008	Message Posted: Oct 4, 2012 6:12:25 AM Ignore BEngr Report Abuse 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.
dar 1 Champion Author Michigan Posts:5,887 Points:445,870 Joined:Jan 2005	Message Posted: Oct 4, 2012 6:07:06 AM Ignore dar 1 Report Abuse They will start gaining ,,,,winter is coming.........
pfone1847 Champion Author Illinois Posts:3,176 Points:621,630 Joined:Oct 2010	Message Posted: Oct 4, 2012 6:01:03 AM Ignore pfone1847 Report Abuse ok
forderjunk Champion Author Maine Posts:10,643 Points:2,172,960 Joined:Sep 2005	Message Posted: Oct 4, 2012 6:00:09 AM Ignore forderjunk Report Abuse OK
swede Champion Author Cleveland Posts:3,757 Points:1,674,050 Joined:Feb 2003	Message Posted: Oct 4, 2012 5:58:17 AM Ignore swede Report Abuse ok
smenzel Champion Author Seattle Posts:2,050 Points:1,103,955 Joined:Mar 2007	Message Posted: Oct 4, 2012 5:53:01 AM Ignore smenzel Report Abuse Ok
Lengas Champion Author Gary Posts:13,540 Points:2,715,825 Joined:Nov 2004	Message Posted: Oct 4, 2012 5:51:57 AM Ignore Lengas Report Abuse BIG OIL MANIPILATION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
LeeFree Champion Author Pittsburgh Posts:9,141 Points:2,241,500 Joined:Jun 2005	Message Posted: Oct 4, 2012 5:51:33 AM Ignore LeeFree Report Abuse In the meantime pump prices drift just below the $4/gal mark here in this area.
kirzon484 Champion Author Atlanta Posts:1,856 Points:431,335 Joined:Jun 2011	Message Posted: Oct 4, 2012 5:48:34 AM Ignore kirzon484 Report Abuse k
DavidsChallenge All-Star Author Louisville Posts:635 Points:125,805 Joined:Aug 2012	Message Posted: Oct 4, 2012 5:47:21 AM Ignore DavidsChallenge Report Abuse Gas is HIGH
sent4456 Champion Author Toronto Posts:1,325 Points:2,124,035 Joined:Mar 2006	Message Posted: Oct 4, 2012 5:47:02 AM Ignore sent4456 Report Abuse Nothing new.
DblChek Champion Author San Antonio Posts:2,342 Points:614,310 Joined:Jul 2008	Message Posted: Oct 4, 2012 5:46:52 AM Ignore DblChek Report Abuse I have a hard time completely believing anything from the EIA. Drill Here. Refine Here. Sell Here. Employ Here.
gabisgram Champion Author Michigan Posts:2,186 Points:910,300 Joined:Sep 2006	Message Posted: Oct 4, 2012 5:46:40 AM Ignore gabisgram Report Abuse Still plenty of inventory. Gas is too high.
jeff95519 Champion Author California Posts:2,442 Points:1,352,290 Joined:Sep 2008	Message Posted: Oct 4, 2012 5:45:59 AM Ignore jeff95519 Report Abuse drill baby drill
Dailyrun Champion Author Kentucky Posts:1,972 Points:386,890 Joined:Apr 2012	Message Posted: Oct 4, 2012 5:44:01 AM Ignore Dailyrun Report Abuse Great!!
Petrock Champion Author Lexington Posts:9,113 Points:2,555,810 Joined:Apr 2005	Message Posted: Oct 4, 2012 5:43:18 AM Ignore Petrock Report Abuse Whatever it takes to keep the price of gasoline high, I guess!
cehend Champion Author Maryland Posts:1,725 Points:461,525 Joined:Jan 2011	Message Posted: Oct 4, 2012 5:42:57 AM Ignore cehend Report Abuse Notable stats.
ILVET Champion Author Illinois Posts:14,784 Points:2,924,415 Joined:Jan 2005	Message Posted: Oct 4, 2012 5:42:36 AM Ignore ILVET Report Abuse This use to be the exception now its the rule
neptune2008 Champion Author Michigan Posts:8,563 Points:1,667,775 Joined:Aug 2008	Message Posted: Oct 4, 2012 5:41:48 AM Ignore neptune2008 Report Abuse greek??
Hunter114 Champion Author Chicago Posts:9,068 Points:1,447,785 Joined:Apr 2009	Message Posted: Oct 4, 2012 5:39:11 AM Ignore Hunter114 Report Abuse ok
4064BORI Champion Author Virginia Beach Posts:1,381 Points:419,155 Joined:Feb 2010	Message Posted: Oct 4, 2012 5:37:57 AM Ignore 4064BORI Report Abuse Ok
Hop1LA Champion Author Baton Rouge Posts:3,304 Points:1,174,545 Joined:Apr 2008	Message Posted: Oct 4, 2012 5:36:22 AM Ignore Hop1LA Report Abuse ok
Z06KY Champion Author Louisville Posts:5,135 Points:903,765 Joined:Nov 2010	Message Posted: Oct 4, 2012 5:36:11 AM Ignore Z06KY Report Abuse Still high gas prices.
Foxt Champion Author Minnesota Posts:5,250 Points:2,018,380 Joined:Jul 2006	Message Posted: Oct 4, 2012 5:34:36 AM Ignore Foxt Report Abuse Doesn't make any difference, does it?
lpatti1 Champion Author Philadelphia Posts:10,191 Points:1,961,310 Joined:Sep 2005	Message Posted: Oct 4, 2012 5:32:11 AM Ignore lpatti1 Report Abuse Lower prices!
padlocks2 Champion Author Virginia Posts:3,062 Points:621,880 Joined:Aug 2006	Message Posted: Oct 4, 2012 5:30:23 AM Ignore padlocks2 Report Abuse Who cares, just lower the price at the pumps and everyone wins
4bobux Champion Author Peoria Posts:1,962 Points:409,230 Joined:Mar 2012	Message Posted: Oct 4, 2012 5:29:54 AM Ignore 4bobux Report Abuse ok
SUPERSTEVIEO Champion Author Quebec Posts:3,523 Points:787,115 Joined:Oct 2010	Message Posted: Oct 4, 2012 5:29:28 AM Ignore SUPERSTEVIEO Report Abuse OK... so what is the next step??? do we buy horses? or is there someone that will stimulate the gasoline industry into being responsible.
Tiput Champion Author Ottawa Posts:1,980 Points:461,125 Joined:Jul 2011	Message Posted: Oct 4, 2012 5:27:25 AM Ignore Tiput Report Abuse another excuse to rise gas price.
Tru2psu2 Champion Author Winston-Salem Posts:14,465 Points:1,553,680 Joined:Feb 2004	Message Posted: Oct 4, 2012 5:25:38 AM Ignore Tru2psu2 Report Abuse not good!
Tigercat88 Champion Author North Carolina Posts:3,192 Points:615,890 Joined:Jul 2011	Message Posted: Oct 4, 2012 5:25:29 AM Ignore Tigercat88 Report Abuse Same Old Government Crap.
hawkman1950 Champion Author Michigan Posts:2,615 Points:538,605 Joined:Aug 2010	Message Posted: Oct 4, 2012 5:25:14 AM Ignore hawkman1950 Report Abuse That's because they are shipping it out of the United States.
FMREALTOR Champion Author Florida Posts:6,395 Points:1,695,055 Joined:Jan 2007	Message Posted: Oct 4, 2012 5:24:14 AM Ignore FMREALTOR Report Abuse Old News
AvantiMick Champion Author Indiana Posts:12,732 Points:2,540,595 Joined:Dec 2005	Message Posted: Oct 4, 2012 5:21:50 AM Ignore AvantiMick Report Abuse Our Government has waaaayyyy too many "Administrations"! A waste of money!
Jmac2008 Champion Author Missouri Posts:2,269 Points:880,165 Joined:Dec 2008	Message Posted: Oct 4, 2012 5:20:18 AM Ignore Jmac2008 Report Abuse old
Bonanza Champion Author Boston Posts:12,075 Points:2,549,055 Joined:Jun 2004	Message Posted: Oct 4, 2012 5:19:30 AM Ignore Bonanza Report Abuse Yesterday's news
twobroke61 Champion Author Michigan Posts:8,370 Points:1,587,310 Joined:Sep 2008	Message Posted: Oct 4, 2012 5:19:23 AM Ignore twobroke61 Report Abuse old news
Ziggy1962 Champion Author New Jersey Posts:5,733 Points:1,808,735 Joined:Aug 2006	Message Posted: Oct 4, 2012 5:15:58 AM Ignore Ziggy1962 Report Abuse Ok.
Pointtx Champion Author Austin Posts:3,226 Points:723,130 Joined:Mar 2011	Message Posted: Oct 4, 2012 5:15:11 AM Ignore Pointtx Report Abuse Whatever.
batman2010 Champion Author Toronto Posts:1,658 Points:1,012,755 Joined:Jan 2010	Message Posted: Oct 4, 2012 5:12:06 AM Ignore batman2010 Report Abuse ok