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GasBuddy News Article

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Gasoline inventories continue to slim down amidst higher demand

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 increased by 1.1 million barrels to a total of 377.5 million barrels. At 377.5 million barrels, inventories are 32.7 million barrels above last year (9.5%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 1.9 million barrels to 228.5 million barrels. At 228.5 million barrels, inventories are down 1.4 million barrels, or 0.6% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (+0.3mb); Midwest...


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Submitted Feb 27, 2013 By: PD
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Author Topic: Gasoline inventories continue to slim down amidst higher demand Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

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Message Posted: Mar 11, 2013 5:55:29 AM

mainly due to Pig Oil creating artificial bottlenecks.
WanderDan
All-Star Author Dayton

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Message Posted: Mar 10, 2013 10:26:32 PM

thieves
honda0105
Champion Author Tallahassee

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Message Posted: Mar 10, 2013 8:22:14 AM

Miata: yup.
MiataPrincess
Champion Author Des Moines

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Message Posted: Mar 9, 2013 8:39:40 AM

what ever...we still are dealing with high prices.mostly due to greed
honda0105
Champion Author Tallahassee

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Message Posted: Mar 9, 2013 8:34:06 AM

and they do it legally to boot with, WD.
WanderDan
All-Star Author Dayton

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Message Posted: Mar 5, 2013 12:02:00 AM

theives!!!
honda0105
Champion Author Tallahassee

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Message Posted: Mar 3, 2013 8:04:48 AM

another way for Pig Oil to make more money during an already bad economy. We're heading for a massive depression with the sequester cuts and Pig Oil driving fuel into bottlenecks again.
honda0105
Champion Author Tallahassee

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Message Posted: Mar 2, 2013 7:17:40 AM

smky: cut the phone, and the cable and get a rental place.
SmkyPlyr984
Veteran Author Connecticut

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Message Posted: Feb 28, 2013 5:00:14 PM

thats if you dont eat
SmkyPlyr984
Veteran Author Connecticut

Posts:482
Points:7,460
Joined:Oct 2012
Message Posted: Feb 28, 2013 4:59:51 PM

phone 150 eletric 120 cable 150 ..ins 300 health ins 800 who the hell can afford to live ....oh and mortage 1250
SmkyPlyr984
Veteran Author Connecticut

Posts:482
Points:7,460
Joined:Oct 2012
Message Posted: Feb 28, 2013 4:58:05 PM

fill up my truck 100 bucks,how mych money do we need to spend on these som bches
SmkyPlyr984
Veteran Author Connecticut

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Joined:Oct 2012
Message Posted: Feb 28, 2013 4:57:08 PM

just bought a 100 gallons of heating oil,,,, 372 bucks,,,, man they killin me...
Rajah
Champion Author Illinois

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Message Posted: Feb 28, 2013 11:37:05 AM

Trickling down from the last spike fairly quickly, but expect the next spike fairly soon.
teamsimons
Champion Author South Carolina

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Message Posted: Feb 28, 2013 11:01:41 AM

Ah, here is a weekly inventory report that seems to have no bearing on gas prices...
zeusboy
Rookie Author Atlanta

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Points:163,440
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Message Posted: Feb 28, 2013 9:06:58 AM

Wholesale prices are dropping rapidly, despite the report (currently 2.82 vs over 3.00 a few days ago). Maybe some eventual relief?
oas
Champion Author Maryland

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Message Posted: Feb 28, 2013 7:47:10 AM

Any excuse to raise prices.
gravityhurts
Champion Author North Carolina

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Message Posted: Feb 28, 2013 7:20:47 AM

What a crock of bull-squeeze.
Ray_10589
Champion Author New York

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Message Posted: Feb 28, 2013 7:16:54 AM

excuse to raise prices ...
Jeffro61
Champion Author Cleveland

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Message Posted: Feb 28, 2013 6:36:28 AM

Gas inventories are down because refining of crude is down.
335d1
Champion Author Virginia

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Message Posted: Feb 28, 2013 6:33:49 AM

So gas prices will rise.
CarefulDriver
Champion Author Ann Arbor

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Message Posted: Feb 28, 2013 6:05:33 AM

Why do they slim down when demand is high? Why don't they increase production then?
JSX515
Champion Author St. Louis

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Message Posted: Feb 28, 2013 6:04:42 AM

Useless
silverfox63
Champion Author Michigan

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Message Posted: Feb 28, 2013 6:02:58 AM

This is nothing but a bunch of crap and just another way to see our pump prices jacked up to the stratosphere.
Ferdman17
Champion Author Albany

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Message Posted: Feb 28, 2013 6:00:10 AM

Just a bunch of crap, It all means nothing
Zuman
Champion Author New York

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Message Posted: Feb 28, 2013 5:59:45 AM

A no brainer.
Petrock
Champion Author Lexington

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Message Posted: Feb 28, 2013 5:59:31 AM

Crude oil inventories are up. Sounds like time to raise the price of crude oil! Gasoline inventories are down. Definately time to raise gasoline prices!

More news (any news) - good reason to raise prices!!
joekool1
Champion Author Toledo

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Message Posted: Feb 28, 2013 5:59:08 AM

these reports are fixed i think
aburns20
Champion Author Virginia Beach

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Message Posted: Feb 28, 2013 5:55:01 AM

I don't believe there is higher consumption with the prices we are all paying. I think it is market manipulation to keep the prices high.

[Edited by: aburns20 at 2/28/2013 5:55:21 AM EST]
MaxGasUp
Champion Author Maryland

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Message Posted: Feb 28, 2013 5:54:27 AM

OK.
forderjunk
Champion Author Maine

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Message Posted: Feb 28, 2013 5:53:55 AM

.contrived depletion to manipulate increase in prices...
kirzon484
Champion Author Atlanta

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Message Posted: Feb 28, 2013 5:52:47 AM

supply and demand
LeeFree
Champion Author Pittsburgh

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Message Posted: Feb 28, 2013 5:51:11 AM

That ought to keep those pump prices nice and high.
isem
Champion Author Missouri

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Message Posted: Feb 28, 2013 5:43:47 AM

In some parts of the Midwest not many people went anywhere for a few days due to back to back major snow storms with high winds and lots of drifting.
Redink
Champion Author Indianapolis

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Message Posted: Feb 28, 2013 5:43:19 AM

Inventories down as refineries produce less. Just a way to force prices higher.
hockey_24
Champion Author KW

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Message Posted: Feb 28, 2013 5:43:02 AM

all about $
epf
Champion Author Grand Rapids

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Message Posted: Feb 28, 2013 5:42:24 AM

And around and around we go.
jeff95519
Champion Author California

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Message Posted: Feb 28, 2013 5:41:31 AM

so then what
stpetebp
Champion Author Tampa

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Message Posted: Feb 28, 2013 5:41:25 AM

BS
momster1
All-Star Author Wisconsin

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Message Posted: Feb 28, 2013 5:39:58 AM

I just don't get it
walkerms1
All-Star Author Albany

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Message Posted: Feb 28, 2013 5:39:43 AM

Another mild winter!
vamike
Champion Author Virginia

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Message Posted: Feb 28, 2013 5:39:36 AM

Yawn
Hunter724
Champion Author New Hampshire

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Message Posted: Feb 28, 2013 5:37:26 AM

Information doesn't reflect at the pump price......
twt
Champion Author Virginia Beach

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Message Posted: Feb 28, 2013 5:37:11 AM

More "fixed" studies, to justify high prices.
Rednix
Champion Author Miami

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Message Posted: Feb 28, 2013 5:36:14 AM

I don't know if it's higher demand or lower gas production.
Lengas
Champion Author Gary

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Message Posted: Feb 28, 2013 5:35:41 AM

Yeah yeah yeah. Big Oil Manipilation.
P H
Champion Author Albany

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Message Posted: Feb 28, 2013 5:35:06 AM

Supply and Demand
Tru2psu2
Champion Author Winston-Salem

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Message Posted: Feb 28, 2013 5:30:10 AM

Don't drive?
bobzilla11
Champion Author Indiana

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Message Posted: Feb 28, 2013 5:29:45 AM

boycott today
NotTom
Champion Author New Hampshire

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Message Posted: Feb 28, 2013 5:26:17 AM

do not forget Diesel that tucks our food and Ethanol.DISTILLATE (diesel, heating oil) INVENTORIES:
Distillate inventories increased by 0.6 million barrels to a total of 124.2 million barrels. At 124.2 million barrels, inventories are now 12.2% lower than a year ago. Total distillate inventories stand 17.3 million barrels lower than their year ago level.
bassakwards007
Champion Author Orange County

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Message Posted: Feb 28, 2013 5:25:54 AM

ok
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