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Author	Topic: EIA: Crude inventories barely rose, gasoline and distillate inventories up	Post a Reply Back to Topics

PD Moderator	Message Posted: Feb 8, 2012 7:36:53 AM Ignore PD Report Abuse 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 increased by 0.3 million barrels to a total of 339.2 million barrels. At 339.2 million barrels, inventories are 5.8 million barrels below last year (-1.7%) and are in the upper limit of the average range. GASOLINE INVENTORIES: Gasoline inventories increased by 1.6 million barrels to 231.8 million barrels. At 231.8 million barrels, inventories are 9.1 million barrels, or 3.8% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (N/C); Midwest (+0... Visit GasBuddy Blog for full article

Moderator

Message Posted: Feb 8, 2012 7:36:53 AM

Ignore PD Report Abuse

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 increased by 0.3 million barrels to a total of 339.2 million barrels. At 339.2 million barrels, inventories are 5.8 million barrels below last year (-1.7%) and are in the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories increased by 1.6 million barrels to 231.8 million barrels. At 231.8 million barrels, inventories are 9.1 million barrels, or 3.8% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (N/C); Midwest (+0...

Visit GasBuddy Blog for full article

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gawxnative All-Star Author Atlanta Posts:510 Points:229,265 Joined:Aug 2006	Message Posted: Feb 14, 2012 12:34:43 PM Ignore gawxnative Report Abuse And their point is....
nb52 Champion Author Grand Rapids Posts:7,760 Points:1,542,850 Joined:Nov 2008	Message Posted: Feb 9, 2012 3:14:07 AM Ignore nb52 Report Abuse The energy Information Agency is a waste of money to the US taxpayers.
tomok Champion Author Portland Posts:32,915 Points:2,341,510 Joined:Aug 2006	Message Posted: Feb 9, 2012 12:13:13 AM Ignore tomok Report Abuse Crude inventories barely rose, gasoline and distillate inventories up. Crude oil inventories increased, Gasoline inventories increased, Distillate inventories increased and Refinery utilization rose. Total oil stocks in the US are down. About the same as last week (Distillate decreased/Refinery fell). STOP Big oil from 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 is, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. The price of fuel at the pump is too high! 12/22/2012!
truckguy115 Champion Author Orange County Posts:1,632 Points:221,125 Joined:Apr 2008	Message Posted: Feb 8, 2012 10:10:14 PM Ignore truckguy115 Report Abuse no matter how much gasoline inventories rise gas will still go up and even with demand down prices will still go up as they have since Obama took office.
Harry813 Champion Author Iowa Posts:2,980 Points:657,640 Joined:Jul 2011	Message Posted: Feb 8, 2012 10:09:56 PM Ignore Harry813 Report Abuse I wish the prices would go down!
TBONE3 Champion Author Pennsylvania Posts:8,726 Points:1,972,650 Joined:Mar 2005	Message Posted: Feb 8, 2012 10:09:40 PM Ignore TBONE3 Report Abuse Something here does not add up. If gas inventories are UP, shouldn't the retail price go DOWN? Not happening here!!!!
TIGERPAW46 Champion Author Florida Posts:7,114 Points:1,352,710 Joined:Mar 2004	Message Posted: Feb 8, 2012 10:08:09 PM Ignore TIGERPAW46 Report Abuse It's pretty useless info any more since no one pays attention to that anyway when prices are determined.
hank1326 Champion Author Los Angeles Posts:8,898 Points:1,730,035 Joined:Jun 2008	Message Posted: Feb 8, 2012 10:05:43 PM Ignore hank1326 Report Abuse Meanwhile, pump prices are climbing here and we are getting raked.
no8c Champion Author Ohio Posts:2,784 Points:700,850 Joined:Jul 2008	Message Posted: Feb 8, 2012 10:05:16 PM Ignore no8c Report Abuse Thanks for posting this article!
jkpsr Champion Author New Jersey Posts:4,069 Points:1,099,105 Joined:Jun 2005	Message Posted: Feb 8, 2012 10:04:57 PM Ignore jkpsr Report Abuse There is still hope.
Prodaddy Champion Author Houston Posts:8,355 Points:1,890,110 Joined:May 2007	Message Posted: Feb 8, 2012 10:04:02 PM Ignore Prodaddy Report Abuse Nothing really suprising here
Ron77095 Champion Author Houston Posts:3,040 Points:598,675 Joined:Sep 2011	Message Posted: Feb 8, 2012 10:02:58 PM Ignore Ron77095 Report Abuse ok.
nomad228 Champion Author Columbus Posts:3,117 Points:575,140 Joined:Feb 2011	Message Posted: Feb 8, 2012 10:01:21 PM Ignore nomad228 Report Abuse i don't even know what to say to this one.it's like our gov'ment wants to stall america out.
tampacrvdriver Champion Author Tampa Posts:3,331 Points:708,210 Joined:May 2011	Message Posted: Feb 8, 2012 9:57:43 PM Ignore tampacrvdriver Report Abuse Shocking.
Rooster922 Champion Author Wilmington Posts:3,768 Points:652,070 Joined:Jan 2009	Message Posted: Feb 8, 2012 9:54:29 PM Ignore Rooster922 Report Abuse Another boring topic, nothing to say. How about start reserving your dozen of roses now, the price is going to the roof. Gasoline will look like very cheap.
LostToo Champion Author Illinois Posts:4,392 Points:975,315 Joined:May 2009	Message Posted: Feb 8, 2012 9:54:25 PM Ignore LostToo Report Abuse It rose here too.... But now its on a slow roll back down. Always up like a rocket and down like a feather.
Rageagainsttm Champion Author Tampa Posts:8,283 Points:1,898,980 Joined:Jul 2007	Message Posted: Feb 8, 2012 9:52:35 PM Ignore Rageagainsttm Report Abuse yes
REVLAW Champion Author San Antonio Posts:10,410 Points:2,002,270 Joined:Jul 2007	Message Posted: Feb 8, 2012 9:51:21 PM Ignore REVLAW Report Abuse Useless report.
pgerassi Champion Author Milwaukee Posts:10,876 Points:2,127,605 Joined:Apr 2007	Message Posted: Feb 8, 2012 9:49:40 PM Ignore pgerassi Report Abuse Same Story, Different Week (SSDW)!
notnxs383 Champion Author Missouri Posts:2,536 Points:587,480 Joined:Oct 2008	Message Posted: Feb 8, 2012 9:49:06 PM Ignore notnxs383 Report Abuse crude crap
MidNJ Champion Author New Jersey Posts:7,532 Points:1,169,255 Joined:Sep 2009	Message Posted: Feb 8, 2012 9:47:07 PM Ignore MidNJ Report Abuse "Crude inventories barely rose, gasoline and distillate inventories up"??? ================= Crude barely rose, gas inventories up? And the prediction is higher pump prices in the coming months??? To me this is "illogical" but, then again I am not a speculator who "earns" money by betting that prices will go up, and up and up. ?????????????????? And yes, the speculators must never allow any kind of renewable energy to compete! -- Thus we must continue the mantra, Drill baby Drill, Drill, baby Drill . . .
Boby Champion Author San Francisco Posts:1,422 Points:2,188,360 Joined:Jun 2004	Message Posted: Feb 8, 2012 9:45:45 PM Ignore Boby Report Abuse How crude!
Buddy2264 Champion Author Tampa Posts:11,629 Points:2,355,745 Joined:Oct 2005	Message Posted: Feb 8, 2012 9:35:12 PM Ignore Buddy2264 Report Abuse They are not going to raise inventory in the US when they can ship it elsewhere for a higher profit. If inventory rises we will demand lower prices.
TommyTraveler Champion Author Cincinnati Posts:8,659 Points:1,694,305 Joined:Nov 2007	Message Posted: Feb 8, 2012 9:34:34 PM Ignore TommyTraveler Report Abuse Gas is rising here.
HelenT Champion Author Buffalo Posts:2,939 Points:594,150 Joined:Apr 2004	Message Posted: Feb 8, 2012 9:34:25 PM Ignore HelenT Report Abuse ....
Double_Golden Champion Author San Francisco Posts:2,540 Points:601,385 Joined:Aug 2011	Message Posted: Feb 8, 2012 9:34:01 PM Ignore Double_Golden Report Abuse gas price just rise to 3.71/gallon here
umitb Champion Author Indianapolis Posts:3,653 Points:839,440 Joined:Apr 2010	Message Posted: Feb 8, 2012 9:33:49 PM Ignore umitb Report Abuse ok
unicornpmb Champion Author Buffalo Posts:8,471 Points:1,625,515 Joined:Sep 2005	Message Posted: Feb 8, 2012 9:31:32 PM Ignore unicornpmb Report Abuse Here we go with the EIA again.
greenfog Champion Author Illinois Posts:6,470 Points:1,635,020 Joined:Feb 2008	Message Posted: Feb 8, 2012 9:30:35 PM Ignore greenfog Report Abuse are they surprised after jacking the price of gas?
Zonk Champion Author Michigan Posts:6,461 Points:2,098,765 Joined:Oct 2005	Message Posted: Feb 8, 2012 9:29:11 PM Ignore Zonk Report Abuse Inventories can move up or down and have little impact on pump prices.
A2J Champion Author Richmond Posts:3,065 Points:600,900 Joined:Aug 2011	Message Posted: Feb 8, 2012 9:26:17 PM Ignore A2J Report Abuse Is this department called EIA ???
bra0712 Champion Author Arizona Posts:3,649 Points:764,795 Joined:Nov 2008	Message Posted: Feb 8, 2012 9:25:39 PM Ignore bra0712 Report Abuse K
Bezalel Champion Author Oklahoma City Posts:12,078 Points:2,286,795 Joined:Oct 2006	Message Posted: Feb 8, 2012 9:25:32 PM Ignore Bezalel Report Abuse No drop at the pump here
52MPG Champion Author Dayton Posts:7,242 Points:1,737,705 Joined:Apr 2006	Message Posted: Feb 8, 2012 9:24:22 PM Ignore 52MPG Report Abuse So what is driving up gas prices?
Bubba44612 Champion Author Ohio Posts:7,371 Points:1,872,105 Joined:Aug 2005	Message Posted: Feb 8, 2012 9:23:20 PM Ignore Bubba44612 Report Abuse Get ready for your springtime screwing. It's coming, just ask any speculator.
heartbroken2010 Champion Author Ottawa Posts:4,324 Points:893,535 Joined:Aug 2010	Message Posted: Feb 8, 2012 9:21:59 PM Ignore heartbroken2010 Report Abuse numbers are just numbers.
bobt2382 Champion Author Texas Posts:2,899 Points:796,370 Joined:Apr 2010	Message Posted: Feb 8, 2012 9:21:39 PM Ignore bobt2382 Report Abuse More profits.
tedjm1 Champion Author New York Posts:5,609 Points:800,300 Joined:Dec 2006	Message Posted: Feb 8, 2012 9:20:04 PM Ignore tedjm1 Report Abuse But prices still rise. More profits.
southrob Champion Author Tucson Posts:3,585 Points:685,150 Joined:Mar 2011	Message Posted: Feb 8, 2012 9:17:05 PM Ignore southrob Report Abuse dhan
jtfftj Champion Author New Hampshire Posts:2,167 Points:1,244,400 Joined:Sep 2005	Message Posted: Feb 8, 2012 9:16:48 PM Ignore jtfftj Report Abuse Somebody really needs this information to really screw the American consumer. The American consumer just doesn't know who that is.
DrLyon Champion Author Michigan Posts:6,635 Points:1,208,205 Joined:May 2006	Message Posted: Feb 8, 2012 9:16:16 PM Ignore DrLyon Report Abuse Pump prices know how to rise...
Colts13 Champion Author Indiana Posts:1,555 Points:544,960 Joined:Mar 2011	Message Posted: Feb 8, 2012 9:15:09 PM Ignore Colts13 Report Abuse ok
Focus2 Champion Author Illinois Posts:7,888 Points:1,917,360 Joined:Mar 2006	Message Posted: Feb 8, 2012 9:14:38 PM Ignore Focus2 Report Abuse We are now paying the highest price ever for gasoline in winter made from cheaper blends.
Blue_Cruzer Champion Author Lexington Posts:7,500 Points:1,665,585 Joined:Mar 2007	Message Posted: Feb 8, 2012 9:13:33 PM Ignore Blue_Cruzer Report Abuse Pump prices around here are like a roller coaster ride.
kzza100 Champion Author New Jersey Posts:1,946 Points:570,805 Joined:Sep 2011	Message Posted: Feb 8, 2012 9:12:48 PM Ignore kzza100 Report Abuse ok
chuckwthompson Champion Author Charlotte Posts:3,735 Points:573,185 Joined:Sep 2011	Message Posted: Feb 8, 2012 9:10:35 PM Ignore chuckwthompson Report Abuse So they can charge more money now?
jem069 Champion Author Detroit Posts:2,518 Points:683,080 Joined:Jan 2011	Message Posted: Feb 8, 2012 9:08:22 PM Ignore jem069 Report Abuse ok
rxman1 Champion Author Toledo Posts:9,522 Points:1,857,895 Joined:Nov 2007	Message Posted: Feb 8, 2012 9:07:36 PM Ignore rxman1 Report Abuse It looks like the refiners have reduced the supply to the demand. (lower supplies this year than last)
CarolinaBlue150 Champion Author North Carolina Posts:1,430 Points:300,000 Joined:Aug 2011	Message Posted: Feb 8, 2012 9:03:30 PM Ignore CarolinaBlue150 Report Abuse Okay.
Petrothirst Champion Author Los Angeles Posts:2,286 Points:418,865 Joined:Nov 2005	Message Posted: Feb 8, 2012 9:03:27 PM Ignore Petrothirst Report Abuse Gas prices are still rising because oil producers want it to rist. I refer to it as greed. Prices here have gone up 14¢/gal in one week.