N5EXY
Champion Author
Austin
Posts:5,632
Points:1,536,990
Joined:Jul 2004
|
Message Posted: Mar 16, 2012 7:43:20 AM
EIA, DOE, doh!
|
sparky808
Champion Author
Honolulu
Posts:3,139
Points:624,685
Joined:Sep 2011
|
Message Posted: Mar 15, 2012 1:36:52 PM
Thank you for posting.
|
HawaiianGuy
Champion Author
Idaho
Posts:9,660
Points:3,105,615
Joined:May 2003
|
Message Posted: Mar 15, 2012 1:05:50 PM
tomok, you hit the nail on the head. Why are WE THE PEOPLE taking it on the chin while Barack Hussein gives a pass to Big Oil? Anything to fund his out-of-control spending spree while throwing the American people under the proverbial bus.
Sooo, how's that "Hope" and "Change" going for 'ya?
|
tomok
Champion Author
Portland
Posts:33,579
Points:2,372,235
Joined:Aug 2006
|
Message Posted: Mar 15, 2012 3:24:00 AM
Crude oil inventories increased, Gasoline inventories decreased, Distillate inventories decreased, Refinery utilization slipped (East Coast refinery utilization: 58.4%, higher fuel prices), Total US oil stocks up.
Big oil selling fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their benefit.
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible.
The price of fuel at the pump is too high!
12/22/2012!
|
us4usa
Champion Author
Missouri
Posts:6,120
Points:1,137,585
Joined:May 2008
|
Message Posted: Mar 15, 2012 12:40:07 AM
So that why gas went up 5 cent $3.59, in town today...
|
BKool
Champion Author
Michigan
Posts:5,358
Points:1,920,105
Joined:Aug 2005
|
Message Posted: Mar 15, 2012 12:36:45 AM
Thank you.
|
goldseeker
Champion Author
West Virginia
Posts:19,755
Points:2,746,515
Joined:Sep 2005
|
Message Posted: Mar 15, 2012 12:33:21 AM
And pump prices rise.
|
boycottexxonmob
Rookie Author
Long Island
Posts:64
Points:24,710
Joined:Feb 2006
|
Message Posted: Mar 15, 2012 12:27:58 AM
http://www.opensecrets.org/orgs/summary.php?id=D000000085
And that linnk puts to bed OGW's theory about Washington not being at fault. Poor Speculators? Goldman Sachs ALONE so far this year they have spent $4.35 million dollars on lobbying...Goldman Sachs mind you buys and sells millions of barrels of oil a day...and wouldnt you know it? $65K to one B. Obama in the Democratic party...only trumped by M. Romney who received $517K. But dont feel bad for old O...just look at how much he has received in the past 4 years. Good question that rises from this, why give to both parties? Better answer, because no matter whether Mitt or Barack wins, they already have both of their undivided attentions. Nothing worse than a corrupted public servant, because they arent listening to the public
|
CDMAuto
Champion Author
Connecticut
Posts:3,927
Points:780,580
Joined:Apr 2011
|
Message Posted: Mar 15, 2012 12:22:24 AM
I can use these numbers to help drive up the price of gas..... Lets speculate a little. Gas inventory down crude inventories up SO lets buy it up and sell it at a higher price...Remember we do not have to actualy take possesion of the crude. The refineries will have to buy our higher priced crude to produce and replenish their lower gas inventories.... Sounds like speculator news to me.....
|
tedjm1
Champion Author
New York
Posts:5,609
Points:800,300
Joined:Dec 2006
|
Message Posted: Mar 15, 2012 12:14:24 AM
big deal.
|
billk44077
Champion Author
Cleveland
Posts:3,315
Points:658,280
Joined:Aug 2011
|
Message Posted: Mar 15, 2012 12:12:27 AM
greedy oil keeping prices up
|
boycottexxonmob
Rookie Author
Long Island
Posts:64
Points:24,710
Joined:Feb 2006
|
Message Posted: Mar 15, 2012 12:11:29 AM
OGW, you might be right, but your not. Because from the looks of your bias you are a supporter of the biggest liar ever to grace the white house. He was the 5th largest recipient of direct campaign contributions from ExxonMobil. So you believe he is really trying to fight the big oil companies for the average american? You usually dont accept anything, especially large sums of money from people, organizations or companies you are fighting
|
CPGas1815
Champion Author
Michigan
Posts:6,034
Points:1,101,695
Joined:Apr 2008
|
Message Posted: Mar 15, 2012 12:08:56 AM
Today, for the first time in history local gas prices breeched the 4 dollar barrier here in the U.P. of Michigan. It looks like I will not be driving my vehicle much as my budget cannot withstand the wanton thievery off the Global Oil Cartel and all of their enablers such as the Billionaire Koch brothers.
|
TheSicilian
Champion Author
Jacksonville
Posts:5,514
Points:1,496,475
Joined:Feb 2009
|
Message Posted: Mar 15, 2012 12:07:49 AM
and prices are still too high
|
gocatgo
Champion Author
South Carolina
Posts:15,821
Points:2,556,305
Joined:Apr 2006
|
Message Posted: Mar 15, 2012 12:07:28 AM
Crude supplies rise with prices does not compute.
|
Jeff4U
Champion Author
Atlanta
Posts:8,890
Points:1,879,830
Joined:Nov 2004
|
Message Posted: Mar 15, 2012 12:07:08 AM
I suppose it would take a 10 million barrel increase to have an affect on gas prices.
The U.S. has plenty of crude, gas, and natural gas. Demand hasn't been this low since 1997, yet prices are at record highs.
|
heartbroken2010
Champion Author
Ottawa
Posts:4,480
Points:924,260
Joined:Aug 2010
|
Message Posted: Mar 15, 2012 12:06:54 AM
these " statistics " dont change our price reality.
|
Blue_Cruzer
Champion Author
Lexington
Posts:7,660
Points:1,697,285
Joined:Mar 2007
|
Message Posted: Mar 15, 2012 12:06:28 AM
EIA report is a waste of my time reading.
|
boycottexxonmob
Rookie Author
Long Island
Posts:64
Points:24,710
Joined:Feb 2006
|
Message Posted: Mar 15, 2012 12:05:33 AM
http://www.opensecrets.org/orgs/recips.php?cycle=2012&id=D000000129
Just a liitle info about the dispersment of $765,000 that went directly from the oil company ExxonMobil to Federal Candidates. NOT including BP, TexacoShell, Chevron etc.,. also does not include the millions in lobbying they do every year. Wining and Dining costs money...;-)
|
regout
Champion Author
Quebec
Posts:3,090
Points:859,430
Joined:May 2010
|
Message Posted: Mar 15, 2012 12:02:17 AM
Will it change something?
|
OGW
Champion Author
London
Posts:5,446
Points:1,558,085
Joined:Sep 2005
|
Message Posted: Mar 15, 2012 12:02:06 AM
The problem today is mainly because of Wall Street and those poor speculators not Washington. The problem in Washington is that they have not yet dismantled the changes that Bush and Cheney inacted that allows Wall Street and their big Oil brothers do whatever they want with oil and gas futures. If there is any great error made by Obama,from the mess left by the Bush government,it is that he did not have Bush and Cheney charged with fraud and theft from the American people. They both should be doing hard time in prison. If all was right, fuel prices would be much lower.
|
SparkieMi
Champion Author
Kalamazoo
Posts:3,397
Points:615,110
Joined:Sep 2011
|
Message Posted: Mar 14, 2012 11:58:42 PM
Many good posts and questions... Great posts by jtfftj and boycottexxonmob!!
|
must87searcher
Champion Author
Maryland
Posts:9,117
Points:1,807,175
Joined:Apr 2008
|
Message Posted: Mar 14, 2012 11:58:17 PM
That is business and politics for you.
A number of politicians and supporters gave the idea to drill and drill for more oil That has been done. They did said little involving what was going to be done to the oil after it had been drilled! A lot of people fell for the idea that it would only be limited sales in the US. That is sure not the case!! The oil which had been drilled belongs to the oil companies. The will decide where and who will get it. That also includes other nations.
It is both good and bad for the US. The bad part is that the price of gas will not be going down, as what a lot of people had thought. The good part is that the US gains a more attention for world marketers and that means more competition for other nations like China.
|
mgune9
All-Star Author
Dallas
Posts:914
Points:200,395
Joined:Feb 2012
|
Message Posted: Mar 14, 2012 11:57:26 PM
plenty of supply when producers can export it and sell to other countries
|
bonzoonfmb
Champion Author
Florida
Posts:1,817
Points:664,160
Joined:Feb 2010
|
Message Posted: Mar 14, 2012 11:55:16 PM
There is plenty of supply.
|
g747
Champion Author
Mobile
Posts:4,677
Points:960,395
Joined:Jul 2009
|
Message Posted: Mar 14, 2012 11:52:47 PM
Thanks for the report.
|
MidNJ
Champion Author
New Jersey
Posts:7,686
Points:1,197,290
Joined:Sep 2009
|
Message Posted: Mar 14, 2012 11:52:46 PM
PD --
As always,
Interesting, very very interesting :)
|
boycottexxonmob
Rookie Author
Long Island
Posts:64
Points:24,710
Joined:Feb 2006
|
Message Posted: Mar 14, 2012 11:52:34 PM
All you people are talking about why this is up and that is up...havent figured it out yet? Because your using logic to solve an ilogical problem. Why dont you look up how much these big bad oil companies actually contribute to your 2 senators each year...you might vomit in your mouth.
|
goodbuy
Champion Author
Michigan
Posts:7,806
Points:1,449,205
Joined:May 2005
|
Message Posted: Mar 14, 2012 11:51:54 PM
Can't afford gas any more.
|
eswi
Champion Author
Madison
Posts:2,681
Points:710,105
Joined:Mar 2009
|
Message Posted: Mar 14, 2012 11:51:12 PM
OK
|
bif65
Champion Author
Virginia
Posts:1,024
Points:200,525
Joined:Jan 2011
|
Message Posted: Mar 14, 2012 11:50:56 PM
ok
|
RAKARWOWSKI
Champion Author
Chicago
Posts:4,135
Points:847,750
Joined:Jan 2011
|
Message Posted: Mar 14, 2012 11:49:09 PM
OK.
|
boycottexxonmob
Rookie Author
Long Island
Posts:64
Points:24,710
Joined:Feb 2006
|
Message Posted: Mar 14, 2012 11:48:14 PM
The weekly rub in America's face...this should be read as follows..."Good day complainers! In case you haven't heard we are swimming in oil and gasoline. The government won’t allow for the laws of supply and demand to take over because if they do we can no longer pump money into everyone's campaign fund, Democrats and Republicans alike! But none of that matters because Americans are more concerned with how the latest 70" 3D HDTV will look on their wall, and preoccupied with how rich women with no jobs live in Miami and Beverly Hills and spellbound with the antics of 8 Italian-American in their 20's living near the beach in New Jersey. Americans know more about Lindsay Lohan and Kim Kardashian than they do about any Supreme Court Justice. So never mind that day in November when you should go stand in a booth for 5 minutes and push some levers with names next to them because chances are they are all corrupted anyway. That will just take away from what is really important...a bunch of people on TV trying to sing songs already performed by someone else in a feeble attempt to get "discovered". But PLEASE just keep complaining about things like gas prices, food prices, the job market and the tyrants that run a country on the other side of the planet...just don't DO anything about the tyrants that are stealing from your paychecks and ruining your country."
Yours Untruly,
Big oil
Approved by Congress and your President
WAKE UP AMERICA
[Edited by: boycottexxonmob at 3/14/2012 11:49:43 PM EST]
|
Benz98
Veteran Author
Modesto
Posts:370
Points:21,285
Joined:Mar 2011
|
Message Posted: Mar 14, 2012 11:48:13 PM
Either way my bank account is hurting
|
minnesotagirl
Champion Author
Milwaukee
Posts:5,997
Points:1,258,295
Joined:Oct 2009
|
Message Posted: Mar 14, 2012 11:34:35 PM
It doesn't make a difference - by exporting gasoline, the supply for US is down, so prices are up
|
skybiker
Champion Author
South Carolina
Posts:7,403
Points:1,585,640
Joined:Jul 2008
|
Message Posted: Mar 14, 2012 11:34:12 PM
Yep, They are selling it overseas....
|
ShudBWalking
Champion Author
Kitchener-Waterloo
Posts:3,622
Points:421,420
Joined:Oct 2006
|
Message Posted: Mar 14, 2012 11:33:41 PM
whether inventories are up or down, gasoline prices continue to rise
|
LanguageMan1
Champion Author
Tampa
Posts:11,861
Points:1,688,515
Joined:Apr 2008
|
Message Posted: Mar 14, 2012 11:31:14 PM
Of course gasoline inventory is declining, it was orchestrated to be that way.
|
bigoilscamsus
Champion Author
Lansing
Posts:1,058
Points:48,265
Joined:Nov 2011
|
Message Posted: Mar 14, 2012 11:29:25 PM
To lxkrb--You need to reread the article more closely!! The quote was "If refiners in your region have low output, your most likely to see prices rise!" Figure it out, we in the Midwest are just the opposite of what he said!! We have the highest utilization at 94% which should lead to lower prices at the pump!!!Demand will not go up with these outrageous prices!!
|
defiancegasman
Champion Author
Ohio
Posts:7,099
Points:1,327,520
Joined:May 2006
|
Message Posted: Mar 14, 2012 11:29:11 PM
Gas invertories are still up 3.1 million barrels, or 1.4% more than last year. Why are prices NOT DOWN!
|
mstearno
Champion Author
Dayton
Posts:8,174
Points:1,755,920
Joined:Jan 2008
|
Message Posted: Mar 14, 2012 11:27:57 PM
it's the cost per barrell..
drill here lower the price per barrellIf you pay the farmer $50 for a bushell of apples the apples still have a per price attatched. does not matter how many bushells you have
until they are going to spoil
gas does not spoil quickly
|
nwsynthetics
Champion Author
Oregon
Posts:1,019
Points:354,400
Joined:Dec 2011
|
Message Posted: Mar 14, 2012 11:27:01 PM
Well! Read article an dpost. Its all been said.
|
02SilverStroke
Champion Author
Dallas
Posts:2,026
Points:1,365,930
Joined:Aug 2005
|
Message Posted: Mar 14, 2012 11:26:01 PM
Get those prices lower!!!!!
|
boycottexxonmob
Rookie Author
Long Island
Posts:64
Points:24,710
Joined:Feb 2006
|
Message Posted: Mar 14, 2012 11:18:19 PM
The weekly rub in America's face...this should be read as follows..."We are swimming in oil and gasoline. The government wont allow for the laws of supply and demand to take over because if they do we can no longer pump money into everyone's campaign fund. But none of that matters because Americans are more concerned with how the latest 70" 3D TV will look on their wall, and preoccupied with how rich women with no jobs live in Miami and Beverly Hills. Also concerned with the antics of 8 Italian-American 20 somethings living near the beach in New Jersey. Americans know more about Lindsay Lohan and Kim Kardashian than they do about any Supreme Court Justice. So nevermind that day in November when you should go stand in a booth for 5 minutes and push some levers with names next to them. That will just take away from whats really important...a bunch of people on TV trying to sing songs already performed by someone else in a feeble attempt to getting discovered. But PLEASE just keep complaining about things like gas prices, food prices, the job market and the tyrants that run a country on the other side of the planet...just don't DO anything about the tyrants that are stealing from your paychecks and ruining your country." WAKE UP AMERICA
[Edited by: boycottexxonmob at 3/14/2012 11:19:45 PM EST]
|
bigoilscamsus
Champion Author
Lansing
Posts:1,058
Points:48,265
Joined:Nov 2011
|
Message Posted: Mar 14, 2012 11:17:48 PM
Hey Patrick DeHahn, why does your crony/stooge Gregg Laskoski get the byline for your submission? Can't stand the heat!!! lol
|
txkrb
Champion Author
Texas
Posts:1,597
Points:660,645
Joined:May 2011
|
Message Posted: Mar 14, 2012 11:14:00 PM
To bigoilscamus - High refinery utilization does not lead to lower prices, it can lead to higher prices, because their capacity to increase production is limited if demand goes up
|
clermont40miles
Champion Author
Cincinnati
Posts:10,754
Points:1,799,595
Joined:Apr 2008
|
Message Posted: Mar 14, 2012 11:13:00 PM
supply & demand rendered useless information by speculators owning the markets.
|
Gas Thirsty
Champion Author
Los Angeles
Posts:4,937
Points:3,252,920
Joined:Mar 2003
|
Message Posted: Mar 14, 2012 11:11:24 PM
I'm more concerned about if prices will go down.
|
txkrb
Champion Author
Texas
Posts:1,597
Points:660,645
Joined:May 2011
|
Message Posted: Mar 14, 2012 11:11:15 PM
To susan and others - For about the tenth time it is not oil they are exporting it is gasoline and diesel
The refineries have excess capacity due to decrease in demand in the US over the last year or so
They export the excess gas and diesel for which there is no market in the US
With gasoline inventories up 3.1 million barrels over last year they are not exporting gas which they could be selling in the US
Exports are GOOD for the US economy offsets the crap we import from china
If they did not export the excess capacity they would have to idle refineries and lay off employees (not good)
Some of you just want to hate oil companies and big corporations just for the hell of it, you do not even know what you are talking about
Corporation hire employees and pay them wages which the employees then spend at other businesses, that's how the economy works
|
CDMAuto
Champion Author
Connecticut
Posts:3,927
Points:780,580
Joined:Apr 2011
|
Message Posted: Mar 14, 2012 11:09:42 PM
speculator news.... This helps keep prices high
|