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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
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honda0105
Champion Author Tallahassee

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Message Posted: Mar 11, 2013 2:55:29 AM

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

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Message Posted: Mar 10, 2013 7:26:32 PM

thieves
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honda0105
Champion Author Tallahassee

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Message Posted: Mar 10, 2013 5:22:14 AM

Miata: yup.
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MiataPrincess
Champion Author Des Moines

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Message Posted: Mar 9, 2013 5:39:40 AM

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

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Message Posted: Mar 9, 2013 5:34:06 AM

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

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Message Posted: Mar 4, 2013 9:02:00 PM

theives!!!
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honda0105
Champion Author Tallahassee

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Message Posted: Mar 3, 2013 5:04:48 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.
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honda0105
Champion Author Tallahassee

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Message Posted: Mar 2, 2013 4:17:40 AM

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

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Message Posted: Feb 28, 2013 2:00:14 PM

thats if you dont eat
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SmkyPlyr984
Veteran Author Connecticut

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Points:7,460
Joined:Oct 2012
Message Posted: Feb 28, 2013 1:59:51 PM

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

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Points:7,460
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Message Posted: Feb 28, 2013 1:58:05 PM

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

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Message Posted: Feb 28, 2013 1:57:08 PM

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

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Message Posted: Feb 28, 2013 8:37:05 AM

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

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Message Posted: Feb 28, 2013 8:01:41 AM

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

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Message Posted: Feb 28, 2013 6:06:58 AM

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

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Message Posted: Feb 28, 2013 4:47:10 AM

Any excuse to raise prices.
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gravityhurts
Champion Author North Carolina

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Message Posted: Feb 28, 2013 4:20:47 AM

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

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Message Posted: Feb 28, 2013 4:16:54 AM

excuse to raise prices ...
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Jeffro61
Champion Author Cleveland

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Message Posted: Feb 28, 2013 3:36:28 AM

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

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Message Posted: Feb 28, 2013 3:33:49 AM

So gas prices will rise.
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CarefulDriver
Champion Author Ann Arbor

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Message Posted: Feb 28, 2013 3:05:33 AM

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

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Message Posted: Feb 28, 2013 3:04:42 AM

Useless
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silverfox63
Champion Author Michigan

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Message Posted: Feb 28, 2013 3:02:58 AM

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

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Message Posted: Feb 28, 2013 3:00:10 AM

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

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Message Posted: Feb 28, 2013 2:59:45 AM

A no brainer.
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Petrock
Champion Author Lexington

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Message Posted: Feb 28, 2013 2:59:31 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!!
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joekool1
Champion Author Toledo

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Message Posted: Feb 28, 2013 2:59:08 AM

these reports are fixed i think
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aburns20
Champion Author Virginia Beach

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Message Posted: Feb 28, 2013 2:55:01 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]
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MaxGasUp
Champion Author Maryland

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Message Posted: Feb 28, 2013 2:54:27 AM

OK.
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forderjunk
Champion Author Maine

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Message Posted: Feb 28, 2013 2:53:55 AM

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

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Message Posted: Feb 28, 2013 2:52:47 AM

supply and demand
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LeeFree
Champion Author Pittsburgh

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Message Posted: Feb 28, 2013 2:51:11 AM

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

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Message Posted: Feb 28, 2013 2:43:47 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.
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Redink
Champion Author Indianapolis

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Message Posted: Feb 28, 2013 2:43:19 AM

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

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Message Posted: Feb 28, 2013 2:43:02 AM

all about $
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epf
Champion Author Grand Rapids

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Message Posted: Feb 28, 2013 2:42:24 AM

And around and around we go.
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jeff95519
Champion Author California

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Message Posted: Feb 28, 2013 2:41:31 AM

so then what
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stpetebp
Champion Author Tampa

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Message Posted: Feb 28, 2013 2:41:25 AM

BS
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momster1
All-Star Author Wisconsin

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Message Posted: Feb 28, 2013 2:39:58 AM

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

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Message Posted: Feb 28, 2013 2:39:43 AM

Another mild winter!
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vamike
Champion Author Virginia

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Message Posted: Feb 28, 2013 2:39:36 AM

Yawn
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Hunter724
Champion Author New Hampshire

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Message Posted: Feb 28, 2013 2:37:26 AM

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

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Message Posted: Feb 28, 2013 2:37:11 AM

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

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Message Posted: Feb 28, 2013 2:36:14 AM

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

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Message Posted: Feb 28, 2013 2:35:41 AM

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

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Message Posted: Feb 28, 2013 2:35:06 AM

Supply and Demand
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Tru2psu2
Champion Author Winston-Salem

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Message Posted: Feb 28, 2013 2:30:10 AM

Don't drive?
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bobzilla11
Champion Author Indiana

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Message Posted: Feb 28, 2013 2:29:45 AM

boycott today
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NotTom
Champion Author New Hampshire

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Message Posted: Feb 28, 2013 2:26:17 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.
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bassakwards007
Champion Author Orange County

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Message Posted: Feb 28, 2013 2:25:54 AM

ok
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