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GasBuddy News Article

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Refineries slowing production, likely starting maintenance season

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 2.8 million barrels to a total of 363.1 million barrels. At 363.1 million barrels, inventories are 28.3 million barrels above last year (8.5%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 1.7 million barrels to 233.3 million barrels. At 233.3 million barrels, inventories are up 6.1 million barrels, or 2.7% higher than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (+0.4mb); Midwest...


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Submitted Jan 24, 2013 By: PD
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Author Topic: Refineries slowing production, likely starting maintenance season Back to Topics
REPLIES (newest first) Post a Reply
KAR120CSII
Champion Author Oregon

Posts:6,077
Points:1,264,815
Joined:Apr 2010
Message Posted: Feb 3, 2013 4:53:36 PM

States and Feds better make sure they are doing maintenance. Big oil colludes so much -- why can't they 'agree' to stagger maintenance and not use it to push up up prices?
WanderDan
All-Star Author Dayton

Posts:670
Points:445,635
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Message Posted: Feb 3, 2013 4:13:41 PM

gotta love big oil... always making ways to make more profits. maybe the tea party wants us to give them more subsidies....
honda0105
Champion Author Tallahassee

Posts:24,041
Points:2,387,215
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Message Posted: Jan 30, 2013 5:47:38 AM

Lakepirate: not for Pig Oil... they DO need to shut some stuff down to maintenance, but their timing is always a bit suspect.
Lakepirate13
Veteran Author New York

Posts:316
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Message Posted: Jan 29, 2013 2:13:42 PM

Maintenance should be an ongoing process.
honda0105
Champion Author Tallahassee

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Message Posted: Jan 29, 2013 5:55:58 AM

Toon: indeed.
KAR120CSII
Champion Author Oregon

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Message Posted: Jan 28, 2013 8:19:55 PM

Now I know -- I used to ride in one when I was growing up in Kansas.
KAR120CSII
Champion Author Oregon

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Message Posted: Jan 28, 2013 8:13:44 PM

Agree with Toonces -- love the jackwagon reference. Gotta google it.
Toonces2013
All-Star Author Illinois

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Message Posted: Jan 28, 2013 5:12:16 PM

Just yet another BS excuse for the oil company jackwagons to raise gas prices. Their excuses get lamer day after day.
honda0105
Champion Author Tallahassee

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Message Posted: Jan 28, 2013 5:49:20 AM

bicycler: you've got that right.
KAR120CSII
Champion Author Oregon

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Joined:Apr 2010
Message Posted: Jan 26, 2013 1:43:20 AM

It's all the refineries fault -- how about President Carter -- he started this whole thing. Or was it Rutherford Hayes?
bicycler
Champion Author Ontario

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Message Posted: Jan 25, 2013 1:39:17 PM

`Repairing the unbroken season` has started early so the `oilbarons` can make more money on higher fuel prices.
CIWS
Champion Author London

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Message Posted: Jan 25, 2013 12:52:44 PM

all bs
bbthegun
Champion Author San Diego

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Message Posted: Jan 25, 2013 12:45:49 PM

Oh goodie...
Cheepo
Champion Author Tampa

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Message Posted: Jan 25, 2013 11:44:54 AM

Drill baby drill and build more refineries!!!!!!!!!
tomok
Champion Author Portland

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Message Posted: Jan 25, 2013 11:40:10 AM

Refineries slowing production, likely starting maintenance season and raising fuel prices at the pump. The Refineries will continue to produce fuel when they are 'shut down,' on a maintenance and/or upgrade or for any number of other reasons.
Crude oil inventories increased, Gasoline inventories decreased, Distillate inventories increased, Refinery utilization decreased 3.3% from last week numbers, Total US oil stocks are up 5.1% over last year but there are still high fuel prices at the pump. The fuel prices at the pump should be lower to help the economy recover!
Big Oil and Big Gas sells fuel and natural gas on the world market for higher prices to other countries. 'Coming out of the closet' Sneeky's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the jobs are Not here. Sneeky's economy is not improving but continues to hurt the population and the job numbers continue to be down!
No Thanks to the Mindless Pinhead Sheep that voted this bozo back in office.
The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! The price at the pump needs to go down to $2/gallon - *$3, *$3.50/gallon or *$4.00 is Not the new low!
More Refineries are Not the answer, Stop exporting fuel is! Take care of the domestic fuel market first, above all else!
Vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII! - The Day After......
Cellsite
Champion Author Appleton

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Message Posted: Jan 25, 2013 11:37:54 AM

UP up and away
DanMtz
Champion Author Oakland

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Message Posted: Jan 25, 2013 11:17:18 AM

It's the beginning of collusion season.
Rajah
Champion Author Illinois

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Message Posted: Jan 25, 2013 11:14:53 AM

Par for the course.
AnObserver
Champion Author New Jersey

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Message Posted: Jan 25, 2013 11:13:09 AM

Inventories up ... time to do maintenance
paulweb
Champion Author Ohio

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Message Posted: Jan 25, 2013 11:10:06 AM

To infinity, and beyond!
TRAIN RIDER
Champion Author San Bernardino

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Message Posted: Jan 25, 2013 11:05:59 AM

They do this to get the prices higher.
dollarwatcher
Champion Author Wisconsin

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Message Posted: Jan 25, 2013 11:05:47 AM

Here we go again, every year at this time.
kishoreCA
Champion Author Ventura

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Message Posted: Jan 25, 2013 11:04:45 AM

better do maintenance than letting it blow up one day.
radiorumor
Champion Author Texas

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Message Posted: Jan 25, 2013 11:03:42 AM

And when they get through with this they will have to change over to summer blend so prices will go up again. It also went up because they had to change over to winter blend. I think both makes my motor burn gas faster both times.
q2
Champion Author Alberta

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Message Posted: Jan 25, 2013 11:03:00 AM

old news
dbecks44
Champion Author Michigan

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Message Posted: Jan 25, 2013 11:02:30 AM

Goody.
vwilsonskis
Champion Author New Jersey

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Message Posted: Jan 25, 2013 11:00:33 AM

low demand lower production= keeping prices up
vlaz55
Veteran Author London

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Message Posted: Jan 25, 2013 11:00:15 AM

Any excuse to push up the price of gasoline
mikesr100
Champion Author Sacramento

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Message Posted: Jan 25, 2013 11:00:14 AM

EPA needs to allow more refineries to be built!
Topshopper2011
Champion Author New Jersey

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Message Posted: Jan 25, 2013 10:59:41 AM

bogus greed
8ballnd
Champion Author North Dakota

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Message Posted: Jan 25, 2013 10:58:30 AM

if one refinery shut down for al few days can drive up gas prices then we dont have enough refineries build more in the upper states
NickoliMB
Champion Author Manitoba

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Message Posted: Jan 25, 2013 10:56:55 AM

Any stats to juustify increasing prices..This is a lose lose situation dealing with corporations.
geezrtek
Champion Author Michigan

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Message Posted: Jan 25, 2013 10:56:30 AM

Bad Old News
RandyK9
Champion Author London

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Message Posted: Jan 25, 2013 10:56:27 AM

Is it a move to up the Price again !!!
biggyhy
Champion Author Milwaukee

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Message Posted: Jan 25, 2013 10:55:48 AM

Only a way to raise prices
labombaOH
All-Star Author Ohio

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Joined:Nov 2007
Message Posted: Jan 25, 2013 10:55:42 AM

And in the spring and summer.................it's always a refinery fire.....at least they didn't git r guns...We are all sheep
danreino
Champion Author Twin Cities

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Message Posted: Jan 25, 2013 10:55:32 AM

Bullschl____
dlzastera
Champion Author Minnesota

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Message Posted: Jan 25, 2013 10:53:03 AM

Not good to hear.
AriesMMD
Champion Author Sacramento

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Message Posted: Jan 25, 2013 10:52:47 AM

Anything to cause prices to go up
Ticoman54
Champion Author Miami

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Joined:Oct 2008
Message Posted: Jan 25, 2013 10:51:52 AM

With extraordinary surplus of crude and gasoline inventories, the industry finds ways to maintain outrageous price levels and they are getting ready to do it again. With slower production at refineries, expect prices to increase.
paulweb
Champion Author Ohio

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Joined:May 2011
Message Posted: Jan 25, 2013 10:50:07 AM

Y'all should be used to this pattern by now.
slvrdo_dsprdo
Champion Author Nashville

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Message Posted: Jan 25, 2013 10:50:03 AM

You'd think they could come up with a plan so they don't all have to do it at once, like a group of singers that breathe at different times.
zimowski
Champion Author San Jose

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Message Posted: Jan 25, 2013 10:49:51 AM

Gas prices starting to rise here locally.
briinnc
Champion Author North Carolina

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Message Posted: Jan 25, 2013 10:49:43 AM

More manipulation
jcallaw
Champion Author Houston

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Joined:May 2012
Message Posted: Jan 25, 2013 10:49:40 AM

ok
lightbulbman2008
Champion Author Worcester

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Message Posted: Jan 25, 2013 10:48:18 AM

more excuses to raise prices...
driveonby1
Champion Author Toledo

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Message Posted: Jan 25, 2013 10:46:53 AM

Is this any part of the reason that prices are shooting up in the Midwest?
knutzAL
Champion Author Alabama

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Message Posted: Jan 25, 2013 10:46:08 AM

What exactly is the Energy Information Administration other than an arm of G'ment to assist in the manipulation of gas prices?
MJIOWA
Champion Author Iowa

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Message Posted: Jan 25, 2013 10:46:01 AM

yup and now we pay
viperahul
Champion Author Oakland

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Message Posted: Jan 25, 2013 10:44:14 AM

Not this again! Get your.....together.
GrandAmNC
Veteran Author North Carolina

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Joined:Jun 2012
Message Posted: Jan 25, 2013 10:35:37 AM

Raising prices again....we'll fat cats, you can't take it with you....if you could it would burn.
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