GasBuddy Blog

GasBuddy News Article

votes

Gasoline production drops, as do crude and gasoline inventories

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 1.3 million barrels to a total of 382.7 million barrels. At 382.7 million barrels, inventories are 36.4 million barrels above last year (10.5%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 1.5 million barrels to 222.8 million barrels. At 222.8 million barrels, inventories are down 4.1 million barrels, or 1.8% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (-0.1mb); Midwest...

Read the Full Article

Submitted Mar 20, 2013 By: PD

Back To News

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

Author	Topic: Gasoline production drops, as do crude and gasoline inventories	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

First

Next Last

phpearso Sophomore Author Indiana Posts:109 Points:136,420 Joined:Mar 2004	Message Posted: Mar 26, 2013 3:21:14 PM Ignore phpearso Report Abuse ain't that just wonderful!
honda0105 Champion Author Tallahassee Posts:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Mar 25, 2013 5:48:30 AM Ignore honda0105 Report Abuse W-Dan: PD's blogs are NEVER news.. they're BLOGS.
WanderDan All-Star Author Dayton Posts:591 Points:143,710 Joined:Nov 2012	Message Posted: Mar 24, 2013 12:32:51 PM Ignore WanderDan Report Abuse more old news... more ways for the thieves to steal
honda0105 Champion Author Tallahassee Posts:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Mar 24, 2013 8:24:26 AM Ignore honda0105 Report Abuse yup, get ready for higher pump prices again.
retmsg79 Rookie Author Gasbuddy Posts:31 Points:232,690 Joined:Mar 2011	Message Posted: Mar 23, 2013 6:22:23 PM Ignore retmsg79 Report Abuse More price increases.
honda0105 Champion Author Tallahassee Posts:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Mar 23, 2013 6:54:57 AM Ignore honda0105 Report Abuse get ready for more BOHICA after Easter / Spring Break.
wshutton Champion Author Los Angeles Posts:1,672 Points:925,170 Joined:Mar 2009	Message Posted: Mar 21, 2013 2:09:26 PM Ignore wshutton Report Abuse LA prices are finally starting to fall.
FocusST2 Champion Author North Carolina Posts:8,143 Points:1,378,925 Joined:Jul 2009	Message Posted: Mar 21, 2013 6:07:42 AM Ignore FocusST2 Report Abuse Prepping us for higher gas prices next week.
csnvcas All-Star Author Illinois Posts:702 Points:167,915 Joined:Nov 2012	Message Posted: Mar 21, 2013 6:01:12 AM Ignore csnvcas Report Abuse Ok
Ringmaster2008 Champion Author Ontario Posts:7,578 Points:1,164,535 Joined:Apr 2008	Message Posted: Mar 21, 2013 5:59:13 AM Ignore Ringmaster2008 Report Abuse Getting ready for the spring price hike
D4444J Champion Author Albuquerque Posts:1,839 Points:588,880 Joined:Aug 2011	Message Posted: Mar 21, 2013 5:57:44 AM Ignore D4444J Report Abuse Manipulation for Greed!
fillerupyeoww Champion Author Columbus Posts:5,879 Points:1,649,440 Joined:Mar 2008	Message Posted: Mar 21, 2013 5:57:37 AM Ignore fillerupyeoww Report Abuse Anything to gouge up the pump prices.
LeeFree Champion Author Pittsburgh Posts:9,151 Points:2,243,450 Joined:Jun 2005	Message Posted: Mar 21, 2013 5:57:26 AM Ignore LeeFree Report Abuse Pump prices stable here.
MopedTime All-Star Author Michigan Posts:767 Points:360,245 Joined:Mar 2012	Message Posted: Mar 21, 2013 5:56:32 AM Ignore MopedTime Report Abuse Price is still way too high
isem Champion Author Missouri Posts:1,926 Points:423,185 Joined:Feb 2012	Message Posted: Mar 21, 2013 5:55:42 AM Ignore isem Report Abuse Read this yesterday...
gabisgram Champion Author Michigan Posts:2,196 Points:912,250 Joined:Sep 2006	Message Posted: Mar 21, 2013 5:55:40 AM Ignore gabisgram Report Abuse Still a lot of inventory. Why are the prices too high?
danny999 Champion Author Florida Posts:8,723 Points:1,639,060 Joined:Oct 2008	Message Posted: Mar 21, 2013 5:54:49 AM Ignore danny999 Report Abuse And immediately gas jumped 8/10 cents on Commex.
madison8359 Champion Author Cleveland Posts:9,020 Points:1,593,295 Joined:Apr 2008	Message Posted: Mar 21, 2013 5:54:25 AM Ignore madison8359 Report Abuse Who cares pump prices are still high.
Petrock Champion Author Lexington Posts:9,123 Points:2,557,760 Joined:Apr 2005	Message Posted: Mar 21, 2013 5:53:43 AM Ignore Petrock Report Abuse Good news - good news!! Inventories down, prices up and up and away!!
oas Champion Author Maryland Posts:4,230 Points:2,141,415 Joined:Feb 2005	Message Posted: Mar 21, 2013 5:50:34 AM Ignore oas Report Abuse old news
djp071158 All-Star Author Detroit Posts:668 Points:293,000 Joined:May 2012	Message Posted: Mar 21, 2013 5:49:41 AM Ignore djp071158 Report Abuse up. down. up. down.
jeff95519 Champion Author California Posts:2,452 Points:1,354,240 Joined:Sep 2008	Message Posted: Mar 21, 2013 5:48:32 AM Ignore jeff95519 Report Abuse up then down or is it down the up i'm so confused
neptune2008 Champion Author Michigan Posts:8,573 Points:1,669,725 Joined:Aug 2008	Message Posted: Mar 21, 2013 5:48:07 AM Ignore neptune2008 Report Abuse and off to our slave labor we go to pay
Redink Champion Author Indianapolis Posts:7,195 Points:1,299,695 Joined:Aug 2005	Message Posted: Mar 21, 2013 5:45:49 AM Ignore Redink Report Abuse Gasoline down, but not based on usage. Big oil is playing with us.
hockey_24 All-Star Author KW Posts:792 Points:199,705 Joined:Oct 2012	Message Posted: Mar 21, 2013 5:42:36 AM Ignore hockey_24 Report Abuse ok
lewpuckett Champion Author Georgia Posts:1,155 Points:647,385 Joined:Mar 2011	Message Posted: Mar 21, 2013 5:42:08 AM Ignore lewpuckett Report Abuse nothing to make prices go below $2 a gallon though
aburns20 Champion Author Virginia Beach Posts:3,261 Points:674,255 Joined:Dec 2010	Message Posted: Mar 21, 2013 5:41:15 AM Ignore aburns20 Report Abuse Would be nice to see a drop in the prices at the pumps but then again, all the prices around me have just gone up $.10 per gal.
RocketGeek Champion Author Grand Rapids Posts:10,592 Points:2,108,385 Joined:May 2005	Message Posted: Mar 21, 2013 5:39:39 AM Ignore RocketGeek Report Abuse Single-digit percentages do not a crisis make.
stpetebp Champion Author Tampa Posts:6,222 Points:1,732,580 Joined:Nov 2007	Message Posted: Mar 21, 2013 5:37:51 AM Ignore stpetebp Report Abuse Where?
JSX515 Champion Author St. Louis Posts:3,714 Points:801,595 Joined:Feb 2011	Message Posted: Mar 21, 2013 5:37:41 AM Ignore JSX515 Report Abuse Lower inventories=higher prices
gasandgoAL Champion Author Alabama Posts:7,151 Points:1,589,665 Joined:Sep 2008	Message Posted: Mar 21, 2013 5:36:57 AM Ignore gasandgoAL Report Abuse filling up now before gas prices go up for Easter
Bearcat500 Champion Author Cincinnati Posts:9,726 Points:1,631,275 Joined:Nov 2005	Message Posted: Mar 21, 2013 5:35:21 AM Ignore Bearcat500 Report Abuse The decline in gasoline inventories is a drop in a bucket but hey, let's not miss a chance to tell the consumer to bend over again.
Tru2psu2 Champion Author Winston-Salem Posts:14,476 Points:1,555,630 Joined:Feb 2004	Message Posted: Mar 21, 2013 5:34:17 AM Ignore Tru2psu2 Report Abuse No!
nugney Champion Author Atlanta Posts:2,931 Points:2,031,565 Joined:Jan 2006	Message Posted: Mar 21, 2013 5:33:50 AM Ignore nugney Report Abuse ok
BoerneWatch Champion Author San Antonio Posts:15,541 Points:2,453,940 Joined:Oct 2005	Message Posted: Mar 21, 2013 5:31:56 AM Ignore BoerneWatch Report Abuse Imported crude took a continuous dive. Refineries produced more. Demand is going down. Prices are stable to declining (barely).
gch42 Champion Author Georgia Posts:11,824 Points:2,075,295 Joined:Feb 2006	Message Posted: Mar 21, 2013 5:31:55 AM Ignore gch42 Report Abuse Translation: Higher prices ahead
teachart68 Sophomore Author Indiana Posts:172 Points:1,435,240 Joined:Apr 2005	Message Posted: Mar 21, 2013 5:29:14 AM Ignore teachart68 Report Abuse Have to get those prices over $4 a gallon again before spring and summer get here.
epf Champion Author Grand Rapids Posts:6,334 Points:1,891,355 Joined:May 2004	Message Posted: Mar 21, 2013 5:28:46 AM Ignore epf Report Abuse In response to FieroGT, both
vamike Champion Author Virginia Posts:5,325 Points:1,364,950 Joined:Dec 2008	Message Posted: Mar 21, 2013 5:28:40 AM Ignore vamike Report Abuse Another good excuse to raise prices.
FieroGT Champion Author Twin Cities Posts:14,317 Points:2,505,135 Joined:Mar 2005	Message Posted: Mar 21, 2013 5:27:47 AM Ignore FieroGT Report Abuse Do these crude and gasoline inventories going down mean that the pump price will go up or down?
Foxt Champion Author Minnesota Posts:5,260 Points:2,020,330 Joined:Jul 2006	Message Posted: Mar 21, 2013 5:27:35 AM Ignore Foxt Report Abuse They increased production a few weeks ago, to shut down parts for maintenance. Now they are doing it. If prices go up or down, it's for some other speculated reason.
VB_Richard Champion Author Virginia Beach Posts:1,658 Points:351,820 Joined:Dec 2011	Message Posted: Mar 21, 2013 5:27:28 AM Ignore VB_Richard Report Abuse Is this good, bad or just life??
Maintroll Champion Author Lexington Posts:8,634 Points:1,703,135 Joined:Aug 2008	Message Posted: Mar 21, 2013 5:25:50 AM Ignore Maintroll Report Abuse This weekly useless report is old now, replace it.
pfone1847 Champion Author Illinois Posts:3,186 Points:623,580 Joined:Oct 2010	Message Posted: Mar 21, 2013 5:24:07 AM Ignore pfone1847 Report Abuse Same story, just another reason to raise prices.
Cachase1 Champion Author Oklahoma City Posts:11,450 Points:2,380,105 Joined:Aug 2003	Message Posted: Mar 21, 2013 5:21:32 AM Ignore Cachase1 Report Abuse Trying to increase prices again?
mickeymike Champion Author Pennsylvania Posts:2,837 Points:595,870 Joined:Feb 2011	Message Posted: Mar 21, 2013 5:19:29 AM Ignore mickeymike Report Abuse wonder why???? hmmmmmm......
AvantiMick Champion Author Indiana Posts:12,742 Points:2,542,545 Joined:Dec 2005	Message Posted: Mar 21, 2013 5:18:48 AM Ignore AvantiMick Report Abuse Congress could stop the exporting of gasoline to stabilize prices here!
74celica Champion Author Columbus Posts:1,430 Points:1,809,700 Joined:May 2006	Message Posted: Mar 21, 2013 5:17:55 AM Ignore 74celica Report Abuse that way they can keep prices sky high
getchaz All-Star Author Tucson Posts:513 Points:187,040 Joined:Sep 2005	Message Posted: Mar 21, 2013 5:17:34 AM Ignore getchaz Report Abuse interesting
ovillaone All-Star Author Dallas Posts:785 Points:178,430 Joined:Nov 2012	Message Posted: Mar 21, 2013 5:14:00 AM Ignore ovillaone Report Abuse naturally! don't want to lower them gasoline prices too much!