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GasBuddy News Article

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EIA:

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 increased by 5.9 million barrels to a total of 375.1 million barrels. At 375.1 million barrels, inventories are 37.5 million barrels above last year (11.1%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories increased by 1.4 million barrels to 198.6 million barrels. At 198.6 million barrels, inventories are down 6.4 million barrels, or 3.1% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (+1.3mb);...


Read the Full Article

Submitted Oct 24, 2012 By: PD
Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: EIA: Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: Nov 2, 2012 3:42:51 AM

lots of useless numbers. Pump prices and barrel inventory are not related.
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mabrams184
Champion Author Lexington

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Message Posted: Oct 29, 2012 6:37:32 AM

prices at the pump should come down proportionally.
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honda0105
Champion Author Tallahassee

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Message Posted: Oct 29, 2012 3:55:03 AM

Pig Oil will still reap (near) record profits.
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GasHunter0007
Veteran Author California

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Points:308,655
Joined:Oct 2012
Message Posted: Oct 28, 2012 12:00:34 PM

Like a lot of bloggers have said, it doesn't matter if inventory is high. We are all prisoners of gasoline. Prices will remain high -- remember Greed.
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honda0105
Champion Author Tallahassee

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Points:2,186,040
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Message Posted: Oct 28, 2012 6:11:30 AM

the usual, irrelevant data. Doesn't translate to the pumps at all.
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spiderjay
Champion Author Little Rock

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Message Posted: Oct 25, 2012 6:02:49 PM

down down down
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leraar2
Champion Author Massachusetts

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Joined:Mar 2011
Message Posted: Oct 25, 2012 3:45:40 PM

most of the glut will be exported.
US drivers will not benefit.
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wshutton
Champion Author Albuquerque

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Message Posted: Oct 25, 2012 12:40:36 PM

And yet retail prices only slowly decline. Romney's Republican speculator buddies at work again.
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gasokie
Champion Author Oklahoma

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Message Posted: Oct 25, 2012 8:52:31 AM

I wonder how accurate those inventory lists are. Gas in OKC is $2.96 this morning.on I-40, That's what I want to see.
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dpt
Champion Author Michigan

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Message Posted: Oct 25, 2012 8:19:32 AM

Need to produce more distillates and stop exporting them. Heating season is upon us.
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garywa01
Sophomore Author Alberta

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Message Posted: Oct 25, 2012 7:48:28 AM

Really!
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sydb7
Champion Author Atlanta

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Message Posted: Oct 25, 2012 6:55:14 AM

Ho hum! Prices are still too high!
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scu227
Champion Author New Haven

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Message Posted: Oct 25, 2012 6:28:35 AM

So bring on those lower prices
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WalRus49
Champion Author Boston

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Message Posted: Oct 25, 2012 5:48:13 AM

More organized mayhem and pillage...................
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nb52
Champion Author Grand Rapids

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Message Posted: Oct 25, 2012 4:25:13 AM

Great report, you EIA overpaid bureaucrats.
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isem
Champion Author Missouri

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Message Posted: Oct 25, 2012 4:18:35 AM

Déjà vu
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Ferdman17
Champion Author Albany

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Message Posted: Oct 25, 2012 4:08:13 AM

Keep dropping. Just with fuel oil prices followed.
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FMREALTOR
Champion Author Florida

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Message Posted: Oct 25, 2012 4:06:47 AM

Interesting as winter gas is being stock piled
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Petrock
Champion Author Lexington

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Message Posted: Oct 25, 2012 4:05:03 AM

NOW, maybe prices will start to really drop!
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lindact
Champion Author New Haven

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Message Posted: Oct 25, 2012 4:04:12 AM

Prices are still too high & folks are curtailing unnecessary driving.
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Lengas
Champion Author Gary

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Message Posted: Oct 25, 2012 4:02:20 AM

Can we go below $3/gallon????????????????????
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jkpsr
Champion Author New Jersey

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Message Posted: Oct 25, 2012 4:00:35 AM

Gas prices fell by an average of 7 cents in DE last week.
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smqua
Champion Author Cleveland

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Message Posted: Oct 25, 2012 3:58:17 AM

Yawn
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oas
Champion Author Maryland

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Message Posted: Oct 25, 2012 3:56:07 AM

Prices are falling, ever so gradually.
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pbear316
Champion Author Akron

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Message Posted: Oct 25, 2012 3:55:18 AM

Ok
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bababooey2
Champion Author Hartford

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Message Posted: Oct 25, 2012 3:54:46 AM

good
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jhnh
Champion Author Michigan

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Message Posted: Oct 25, 2012 3:54:08 AM

it's coming down
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forderjunk
Champion Author Maine

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Message Posted: Oct 25, 2012 3:53:20 AM

where is the break at the pump ?
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leeso1
Champion Author San Diego

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Message Posted: Oct 25, 2012 3:51:44 AM

k
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icer06
Champion Author Huntsville

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Joined:Jan 2012
Message Posted: Oct 25, 2012 3:50:34 AM

ok
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ILVET
Champion Author Illinois

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Message Posted: Oct 25, 2012 3:50:04 AM

This has happened many times before
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smokinjoe54
Champion Author Ohio

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Message Posted: Oct 25, 2012 3:48:47 AM

These numbers don't mean a thing toward prices.
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hawkman1950
Champion Author Michigan

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Message Posted: Oct 25, 2012 3:47:44 AM

And we continue to get bent over with these out of sight gas and DIESEL prices!!!!!!!!!!!!!!!!!!!!!!
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momster1
All-Star Author Wisconsin

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Message Posted: Oct 25, 2012 3:45:19 AM

Yup,
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alphanyr
Champion Author Connecticut

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Message Posted: Oct 25, 2012 3:44:42 AM

last minute election game obama
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Dailyrun
Champion Author Kentucky

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Joined:Apr 2012
Message Posted: Oct 25, 2012 3:44:33 AM

Well then -- turn it into fuel!!
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76chevy
Champion Author Toledo

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Joined:Jun 2010
Message Posted: Oct 25, 2012 3:44:32 AM

Every one is waiting to see if it will get better or if we will have another four years like the last.
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easydriver11
Champion Author Cape Coral

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Message Posted: Oct 25, 2012 3:44:06 AM

prices will go down to help Obama
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Brucevanf
Champion Author New Brunswick

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Message Posted: Oct 25, 2012 3:43:46 AM

There still keeping prices higher than they should be.
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gabisgram
Champion Author Michigan

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Joined:Sep 2006
Message Posted: Oct 25, 2012 3:43:20 AM

Still 3.56 here.
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TheRedFez
Veteran Author Las Vegas

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Message Posted: Oct 25, 2012 3:42:27 AM

So what ever happened to the economic law of supply and demand?
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kzza100
Champion Author New Jersey

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Joined:Sep 2011
Message Posted: Oct 25, 2012 3:41:25 AM

o
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AvantiMick
Champion Author Indiana

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Joined:Dec 2005
Message Posted: Oct 25, 2012 3:40:51 AM

Yep, they're playing "Let's screw the public" again, I mean still! Across Indiana this morning, there is a 98 cent difference in price!! No reason for that.
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kirzon484
Champion Author Atlanta

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Message Posted: Oct 25, 2012 3:40:35 AM

old
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nurdco
Champion Author Colorado Springs

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Message Posted: Oct 25, 2012 3:39:49 AM

So is their GREED
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tc316
Champion Author Twin Cities

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Joined:Apr 2007
Message Posted: Oct 25, 2012 3:39:17 AM

So
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danny999
Champion Author Florida

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Joined:Oct 2008
Message Posted: Oct 25, 2012 3:38:59 AM

With COMEX at 2.60,why are stations running 90 cents over and up.We're getting gouged people.
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Beau2140
Champion Author New York

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Message Posted: Oct 25, 2012 3:36:44 AM

Time for the pump price to drop.
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LeeFree
Champion Author Pittsburgh

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Joined:Jun 2005
Message Posted: Oct 25, 2012 3:36:01 AM

Glad I filled my heating oil tanks early in the Summer. It's now 60 cents/gal higher (locally) and distillate inventories are running low so no break in price any time soon.
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fieldt
Champion Author Lansing

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Message Posted: Oct 25, 2012 3:35:41 AM

Good news, FWIW.

[Edited by: fieldt at 10/25/2012 5:35:59 AM EST]
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