Not Logged In Log In   Sign Up   Points Leaders
Follow Us    7:29 PM

GasBuddy News Article

36
votes
Decreases in inventories across the board, says EIA

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 decreased by 4.4 million barrels to a total of 355.6 million barrels. At 355.6 million barrels, inventories are 12.0 million barrels below last year (-3.3%) and are near the middle of the average range.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 1.6 million barrels to 216.0 million barrels. At 216.0 million barrels, inventories are up 19.7 million barrels, or 10.0% higher than one year ago. Here's how individual regions and their gasoline inventory fared last week: East Coast (-0.7mb); Midwest...


Read the Full Article

Submitted Sep 18, 2013 By: PD
Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: Decreases in inventories across the board, says EIA Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
honda0105
Champion Author Tallahassee

Posts:21,448
Points:1,942,840
Joined:Nov 2008
Message Posted: Sep 22, 2013 7:49:19 AM

the usual blah blah... seems there is absolutely no correlation between pump prices and the inventories.
Profile Pic
honda0105
Champion Author Tallahassee

Posts:21,448
Points:1,942,840
Joined:Nov 2008
Message Posted: Sep 22, 2013 7:49:02 AM

the usual blah blah... seems there is absolutely no correlation between pump prices and the inventories.
Profile Pic
boileauj
All-Star Author Spokane

Posts:849
Points:224,905
Joined:Feb 2012
Message Posted: Sep 22, 2013 3:01:36 AM

I am still liking the decrease in imports. This needs to become a trend.
Profile Pic
audreylw
Veteran Author Boston

Posts:349
Points:365,560
Joined:Feb 2013
Message Posted: Sep 19, 2013 4:03:03 PM

So... No relief at the pump.
Profile Pic
bearzz
Champion Author California

Posts:3,076
Points:742,485
Joined:Mar 2011
Message Posted: Sep 19, 2013 12:07:25 PM

Yesterday's news . . .
Profile Pic
radbadtz
Champion Author Halifax

Posts:1,130
Points:182,330
Joined:Jul 2013
Message Posted: Sep 19, 2013 11:35:00 AM

nice
Profile Pic
boldrph
Champion Author Topeka

Posts:20,237
Points:3,782,895
Joined:Oct 2002
Message Posted: Sep 19, 2013 10:11:16 AM

closing out the summer blend and bringing in the winter blend?
Profile Pic
niceguytx
Champion Author Houston

Posts:15,320
Points:3,041,350
Joined:Sep 2005
Message Posted: Sep 19, 2013 9:06:20 AM

I hope there is enough for gas prices to fall some more.
Profile Pic
DSL987
Rookie Author San Antonio

Posts:25
Points:625
Joined:Sep 2012
Message Posted: Sep 19, 2013 8:05:42 AM

To those complaining about exports, they HAVE to increase, the only alternative is to shut refineries down, as we cannot indefinitely store gas and diesel.
Profile Pic
hibsaw
Champion Author Mississippi

Posts:9,726
Points:2,014,940
Joined:Feb 2008
Message Posted: Sep 19, 2013 7:59:09 AM

The exports seem to keep going up, up, up.
Profile Pic
sparkie951
Champion Author Roanoke

Posts:5,830
Points:1,180,390
Joined:Dec 2010
Message Posted: Sep 19, 2013 6:12:43 AM

All artificial to keep prices high.
Profile Pic
us412
Champion Author Arkansas

Posts:25,379
Points:2,734,445
Joined:Apr 2006
Message Posted: Sep 19, 2013 6:08:40 AM

We are awash in gas so cut the price.
Profile Pic
chuckohio
Champion Author Columbus

Posts:2,825
Points:566,985
Joined:Aug 2012
Message Posted: Sep 19, 2013 6:04:39 AM

The decrease in inventories may be due to a decrease in consumption?
Profile Pic
racerdj
Champion Author Indianapolis

Posts:11,465
Points:2,388,875
Joined:Jun 2003
Message Posted: Sep 19, 2013 6:03:42 AM

Higher prices coming?
Profile Pic
silverfox63
Champion Author Michigan

Posts:9,642
Points:1,915,095
Joined:Oct 2008
Message Posted: Sep 19, 2013 6:03:32 AM

You never know if these stats are correct or not. Just another reason to increase our prices.
Profile Pic
smqua
Champion Author Cleveland

Posts:2,519
Points:850,570
Joined:Mar 2011
Message Posted: Sep 19, 2013 6:03:18 AM

Yawn
Profile Pic
billybopWI
Champion Author Wisconsin

Posts:2,228
Points:842,885
Joined:Jun 2011
Message Posted: Sep 19, 2013 6:01:46 AM

the story changes with the wind
Profile Pic
Ferdman17
Champion Author Albany

Posts:2,834
Points:701,370
Joined:Feb 2012
Message Posted: Sep 19, 2013 6:01:34 AM

Here we go again
Profile Pic
gaspumpin
Champion Author Indiana

Posts:3,014
Points:713,265
Joined:Apr 2012
Message Posted: Sep 19, 2013 6:00:08 AM

Price increase is coming--where is our GasBuddy notification?
Profile Pic
Jeffro61
Champion Author Cleveland

Posts:3,683
Points:2,577,175
Joined:Oct 2005
Message Posted: Sep 19, 2013 5:59:11 AM

A news story the speculators will love.
Profile Pic
DerTaubman
Champion Author Detroit

Posts:8,998
Points:1,862,995
Joined:Jun 2007
Message Posted: Sep 19, 2013 5:59:09 AM

Doesnt the other article say the opposite?!
Profile Pic
Z06KY
Champion Author Louisville

Posts:6,847
Points:1,238,790
Joined:Nov 2010
Message Posted: Sep 19, 2013 5:57:56 AM

Buy Today!
Profile Pic
LeeFree
Champion Author Pittsburgh

Posts:10,775
Points:2,567,425
Joined:Jun 2005
Message Posted: Sep 19, 2013 5:57:25 AM

Better run out an panic buy!
Profile Pic
skanytank
Champion Author Kentucky

Posts:2,919
Points:892,100
Joined:Feb 2011
Message Posted: Sep 19, 2013 5:56:58 AM

Yesterday's OLD news...
Profile Pic
jppezz
Champion Author New Mexico

Posts:10,251
Points:2,024,480
Joined:Jun 2008
Message Posted: Sep 19, 2013 5:55:59 AM

Supply and demand has nothing to do with pump prices anymore.
Profile Pic
Nozzel
Champion Author Ontario

Posts:7,400
Points:2,132,820
Joined:Sep 2006
Message Posted: Sep 19, 2013 5:55:33 AM

ok
Profile Pic
ManOfLeisureII
Champion Author Philadelphia

Posts:3,513
Points:784,365
Joined:Jan 2012
Message Posted: Sep 19, 2013 5:55:31 AM

Not meaningful information
Profile Pic
FieroGT
Champion Author Twin Cities

Posts:15,845
Points:2,758,385
Joined:Mar 2005
Message Posted: Sep 19, 2013 5:54:51 AM

I assume that this means increase in pump prices.
Profile Pic
Ken007
Champion Author Texas

Posts:1,480
Points:547,680
Joined:Jan 2010
Message Posted: Sep 19, 2013 5:53:28 AM

Drill baby drill, build the pipeline and build more refineries.
Profile Pic
NJColt
Champion Author New Jersey

Posts:14,205
Points:2,969,540
Joined:Aug 2005
Message Posted: Sep 19, 2013 5:53:02 AM

Biggest waste of a department ever.
Profile Pic
ARMADA157
Champion Author Detroit

Posts:1,417
Points:304,420
Joined:Jun 2013
Message Posted: Sep 19, 2013 5:51:24 AM

No company inventories anything anymore. Bean counters
Profile Pic
oas
Champion Author Maryland

Posts:5,897
Points:2,474,390
Joined:Feb 2005
Message Posted: Sep 19, 2013 5:50:52 AM

Inventories seem unrelated to pump prices.
Profile Pic
bikechuck
Champion Author Indianapolis

Posts:8,685
Points:2,396,015
Joined:Apr 2006
Message Posted: Sep 19, 2013 5:50:41 AM

OK, using more or producing less? Prices going down here.
Profile Pic
Ouch06
Champion Author Michigan

Posts:2,080
Points:1,697,700
Joined:Apr 2006
Message Posted: Sep 19, 2013 5:48:44 AM

ok
Profile Pic
packards42
Champion Author Washington

Posts:7,939
Points:1,411,330
Joined:Feb 2005
Message Posted: Sep 19, 2013 5:48:15 AM

Strange their both decinding
Profile Pic
Petrock
Champion Author Lexington

Posts:10,795
Points:2,890,735
Joined:Apr 2005
Message Posted: Sep 19, 2013 5:47:27 AM

Sounds like everyone went out and drove around like crazy to celebrate no attack on Syria!
Profile Pic
muddawgs
Champion Author Mississippi

Posts:1,851
Points:405,790
Joined:May 2011
Message Posted: Sep 19, 2013 5:46:15 AM

JUST ANOTHER WAY TO RAISE THE PRICE AT THE PUMP
Profile Pic
neptune2008
Champion Author Michigan

Posts:9,754
Points:1,970,760
Joined:Aug 2008
Message Posted: Sep 19, 2013 5:43:33 AM

and we pay more and more
Profile Pic
WEB0153
Champion Author Maryland

Posts:2,296
Points:479,755
Joined:Dec 2012
Message Posted: Sep 19, 2013 5:42:49 AM

ok
Profile Pic
Lengas
Champion Author Gary

Posts:15,306
Points:3,050,750
Joined:Nov 2004
Message Posted: Sep 19, 2013 5:42:45 AM

Up Up and away!!!!!!!!!!!!!!!!!!!!!!!!
Profile Pic
AvantiMick
Champion Author Indiana

Posts:14,361
Points:2,869,505
Joined:Dec 2005
Message Posted: Sep 19, 2013 5:42:30 AM

BS
Profile Pic
danny999
Champion Author Florida

Posts:10,389
Points:1,971,810
Joined:Oct 2008
Message Posted: Sep 19, 2013 5:40:51 AM

LIARS FIGURE,AND FIGURES LIE.
Profile Pic
gravie314
Champion Author South Carolina

Posts:2,029
Points:523,180
Joined:May 2008
Message Posted: Sep 19, 2013 5:40:50 AM

ok
Profile Pic
Ken2OD
Champion Author Grand Rapids

Posts:10,741
Points:2,303,710
Joined:Dec 2005
Message Posted: Sep 19, 2013 5:39:49 AM

Monopolistic agencies can do wonders with contrived numbers.
Profile Pic
mikejapan
All-Star Author Virginia Beach

Posts:919
Points:392,885
Joined:Dec 2012
Message Posted: Sep 19, 2013 5:38:44 AM

wow
Profile Pic
epf
Champion Author Grand Rapids

Posts:8,011
Points:2,222,600
Joined:May 2004
Message Posted: Sep 19, 2013 5:35:32 AM

Makes my head spin.
Profile Pic
jacob5066
Champion Author College Station

Posts:3,511
Points:763,565
Joined:Feb 2012
Message Posted: Sep 19, 2013 5:35:06 AM

Changes with each report
Profile Pic
bobdec
Champion Author Miami

Posts:10,481
Points:2,079,070
Joined:May 2008
Message Posted: Sep 19, 2013 5:32:14 AM

You can;t believe the EIA
Profile Pic
bondo
Champion Author Twin Cities

Posts:5,122
Points:1,093,360
Joined:May 2001
Message Posted: Sep 19, 2013 5:31:59 AM

So it goes.
Profile Pic
slowpoke63
Champion Author Louisiana

Posts:4,074
Points:1,143,965
Joined:Jul 2009
Message Posted: Sep 19, 2013 5:31:03 AM

ok
Post a reply Back to Topics