Not Logged In Log In   Sign Up   Points Leaders
Follow Us    3:03 PM

GasBuddy News Article

40
votes
EIA: Big drop in gasoline inventories as refiners purge winter spec gasoline

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 2.8 million barrels to a total of 365.2 million barrels. At 365.2 million barrels, inventories are 5.9 million barrels above last year (1.6%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 4.3 million barrels to 217.6 million barrels. At 217.6 million barrels, inventories are up 8.0 million barrels, or 3.8% more than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (-2.0mb); Midwest...

Read the Full Article

Submitted Apr 11, 2012 By: PD
Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: EIA: Big drop in gasoline inventories as refiners purge winter spec gasoline Post a Reply Back to Topics
REPLIES (newest first)
First
1234
Next Last
Profile Pic
honda0105
Champion Author Tallahassee

Posts:18,632
Points:1,610,495
Joined:Nov 2008
Message Posted: Apr 17, 2012 3:54:45 AM
 Ignore honda0105 Report Abuse

clean: why should the US gov. be serious about the SPR fluctuations? After all, it is not like there are massive amounts leaving the SPR - there still is more than enough.
Profile Pic
cleangasprices
Veteran Author Vancouver

Posts:315
Points:72,515
Joined:May 2011
Message Posted: Apr 16, 2012 5:47:29 PM
 Ignore cleangasprices Report Abuse

Very annoyed that government never really serious about it
Profile Pic
cleangasprices
Veteran Author Vancouver

Posts:315
Points:72,515
Joined:May 2011
Message Posted: Apr 16, 2012 5:46:07 PM
 Ignore cleangasprices Report Abuse

Just see talks, have they ever come into action, never!
Profile Pic
gawxnative
All-Star Author Atlanta

Posts:510
Points:229,865
Joined:Aug 2006
Message Posted: Apr 16, 2012 1:32:27 PM
 Ignore gawxnative Report Abuse

But still up over last year
Profile Pic
albert2008
Champion Author Winnipeg

Posts:7,357
Points:1,481,985
Joined:Sep 2008
Message Posted: Apr 16, 2012 6:42:35 AM
 Ignore albert2008 Report Abuse

same thing every year
Profile Pic
Hoporrene
Veteran Author Mississippi

Posts:312
Points:206,970
Joined:Dec 2011
Message Posted: Apr 16, 2012 5:54:08 AM
 Ignore Hoporrene Report Abuse

...wow
Profile Pic
honda0105
Champion Author Tallahassee

Posts:18,632
Points:1,610,495
Joined:Nov 2008
Message Posted: Apr 16, 2012 3:50:09 AM
 Ignore honda0105 Report Abuse

dave: not when I lived there nor according to friends who still live there.
Profile Pic
dave27johnson
Champion Author Chicago

Posts:1,788
Points:409,345
Joined:Feb 2012
Message Posted: Apr 15, 2012 10:42:09 AM
 Ignore dave27johnson Report Abuse

Europe also uses summer gas.
Profile Pic
albert2008
Champion Author Winnipeg

Posts:7,357
Points:1,481,985
Joined:Sep 2008
Message Posted: Apr 15, 2012 7:19:27 AM
 Ignore albert2008 Report Abuse

same old every year
Profile Pic
honda0105
Champion Author Tallahassee

Posts:18,632
Points:1,610,495
Joined:Nov 2008
Message Posted: Apr 15, 2012 5:45:12 AM
 Ignore honda0105 Report Abuse

one way to keep / drive prices up each year.
Profile Pic
Reishman
Veteran Author Illinois

Posts:384
Points:517,365
Joined:Sep 2006
Message Posted: Apr 14, 2012 6:56:30 PM
 Ignore Reishman Report Abuse

Hot dog relish cost man a hobo.
Profile Pic
albert2008
Champion Author Winnipeg

Posts:7,357
Points:1,481,985
Joined:Sep 2008
Message Posted: Apr 14, 2012 6:59:37 AM
 Ignore albert2008 Report Abuse

not good
Profile Pic
honda0105
Champion Author Tallahassee

Posts:18,632
Points:1,610,495
Joined:Nov 2008
Message Posted: Apr 14, 2012 6:41:01 AM
 Ignore honda0105 Report Abuse

that whole story about winter/summer fuel is a big bunch of baloney. Doesn't happen but in the US and (not certain w/out researching) possibly in Canada. Haven't seen it anywhere else. IMNSHO it's a way for Pig Oil to make more money... you know, drive the summer prices up by Memorial Day (which is a holiday not celebrated elsewhere around the globe, so there's not fixed date why prices should go up).
Profile Pic
dale243
All-Star Author Dallas

Posts:972
Points:679,600
Joined:Jan 2011
Message Posted: Apr 12, 2012 1:54:00 PM
 Ignore dale243 Report Abuse

Make you wonder what those people are thinking.
Profile Pic
bluebird1
Champion Author Toronto

Posts:15,735
Points:3,108,900
Joined:May 2004
Message Posted: Apr 12, 2012 12:47:31 PM
 Ignore bluebird1 Report Abuse

Always an excuse for higher prices.
Profile Pic
portlandcat
Champion Author Tennessee

Posts:1,918
Points:346,210
Joined:Apr 2011
Message Posted: Apr 12, 2012 12:15:40 PM
 Ignore portlandcat Report Abuse

really??
Profile Pic
divebomber
Champion Author Nebraska

Posts:6,083
Points:1,813,250
Joined:Jun 2007
Message Posted: Apr 12, 2012 11:12:02 AM
 Ignore divebomber Report Abuse

YESTERDAYS NEWS PD IS SLEEPING AT THE WHEEL!
Profile Pic
kd5kpd
Champion Author Texas

Posts:3,742
Points:1,417,700
Joined:Apr 2006
Message Posted: Apr 12, 2012 11:11:28 AM
 Ignore kd5kpd Report Abuse

Decrease is deliberate by oil companys to drive up prices.
Profile Pic
CPGas1815
Champion Author Michigan

Posts:6,027
Points:1,099,605
Joined:Apr 2008
Message Posted: Apr 12, 2012 11:09:10 AM
 Ignore CPGas1815 Report Abuse

Yesterday's News.
Profile Pic
savvygasgirl
Rookie Author Michigan

Posts:11
Points:2,005
Joined:Apr 2012
Message Posted: Apr 12, 2012 11:08:17 AM
 Ignore savvygasgirl Report Abuse

Increase/decrease...it all averages out to consumers making up for it at the pumps.
Profile Pic
shari128
All-Star Author Iowa

Posts:573
Points:860,740
Joined:Jun 2010
Message Posted: Apr 12, 2012 11:04:12 AM
 Ignore shari128 Report Abuse

Yeah, prices still going up in Iowa also.
Profile Pic
BeulahME
Champion Author Maine

Posts:1,107
Points:444,485
Joined:Jan 2011
Message Posted: Apr 12, 2012 11:01:25 AM
 Ignore BeulahME Report Abuse

Prices still going up here in central Maine.
Profile Pic
NavyEOD
Champion Author Los Angeles

Posts:10,011
Points:2,022,125
Joined:Jul 2007
Message Posted: Apr 12, 2012 11:01:23 AM
 Ignore NavyEOD Report Abuse

There is plenty of gas...
Profile Pic
gumbyrex
Champion Author Fresno

Posts:3,302
Points:760,135
Joined:Mar 2011
Message Posted: Apr 12, 2012 10:58:29 AM
 Ignore gumbyrex Report Abuse

We're seeing decreased pump prices in our area for the past 10 days, but I don't expect the trend to continue.
Profile Pic
Asbury09
Champion Author Iowa

Posts:7,218
Points:1,531,280
Joined:Jan 2009
Message Posted: Apr 12, 2012 10:58:08 AM
 Ignore Asbury09 Report Abuse

if you can believe EIA
Profile Pic
1Casey
Champion Author Albany

Posts:6,538
Points:1,793,535
Joined:Jun 2004
Message Posted: Apr 12, 2012 10:57:15 AM
 Ignore 1Casey Report Abuse

Poor excuse, for poor planning.
Profile Pic
Bigtex09
Champion Author Dallas

Posts:4,293
Points:1,160,260
Joined:Oct 2009
Message Posted: Apr 12, 2012 10:54:21 AM
 Ignore Bigtex09 Report Abuse

so what anymore
Profile Pic
FBI2991
Champion Author Michigan

Posts:4,215
Points:1,140,840
Joined:Nov 2008
Message Posted: Apr 12, 2012 10:53:21 AM
 Ignore FBI2991 Report Abuse

Every year!!!
Profile Pic
idigau22
Champion Author Washington

Posts:23,417
Points:3,202,960
Joined:Apr 2003
Message Posted: Apr 12, 2012 10:51:54 AM
 Ignore idigau22 Report Abuse

Okie Dokie!!
Profile Pic
wang91554
Champion Author San Jose

Posts:3,175
Points:1,202,780
Joined:May 2009
Message Posted: Apr 12, 2012 10:49:11 AM
 Ignore wang91554 Report Abuse

don't they do this every year?
Profile Pic
FrankTA2
Champion Author New York

Posts:4,298
Points:1,096,285
Joined:Jun 2007
Message Posted: Apr 12, 2012 10:47:53 AM
 Ignore FrankTA2 Report Abuse

Anything to raise gasoline prices.
Profile Pic
ModelWarships
Champion Author Missouri

Posts:5,800
Points:1,233,060
Joined:Jul 2008
Message Posted: Apr 12, 2012 10:47:35 AM
 Ignore ModelWarships Report Abuse

I wonder how gas mileage compares with summer vs winter blends?
Profile Pic
menagerie1013
Champion Author San Diego

Posts:2,365
Points:690,740
Joined:Apr 2011
Message Posted: Apr 12, 2012 10:46:17 AM
 Ignore menagerie1013 Report Abuse

Get rid of the speculators.
Profile Pic
AnObserver
Champion Author New Jersey

Posts:8,364
Points:2,259,730
Joined:Sep 2005
Message Posted: Apr 12, 2012 10:45:38 AM
 Ignore AnObserver Report Abuse

Seems like normal adjustments in supply
Profile Pic
IsabellaMD
Rookie Author Maryland

Posts:6
Points:815
Joined:Apr 2012
Message Posted: Apr 12, 2012 10:44:28 AM
 Ignore IsabellaMD Report Abuse

I think I read this before.
Profile Pic
deaconjones
Champion Author Cleveland

Posts:2,139
Points:319,155
Joined:May 2006
Message Posted: Apr 12, 2012 10:43:46 AM
 Ignore deaconjones Report Abuse

YOU ARE REPEATING STORIES AGAIN...WE COMMENTED ON THIS THE OTHER DAY...
Profile Pic
slvrdo_dsprdo
Champion Author Nashville

Posts:4,707
Points:913,990
Joined:Jul 2008
Message Posted: Apr 12, 2012 10:43:24 AM
 Ignore slvrdo_dsprdo Report Abuse

Can't we update the news stories on a daily basis? Anyway, this may be the most predictable event in history. Can't they stockpile a bit so there's no supply crunch while they're switching over?
Profile Pic
IsabellaMD
Rookie Author Maryland

Posts:6
Points:815
Joined:Apr 2012
Message Posted: Apr 12, 2012 10:42:49 AM
 Ignore IsabellaMD Report Abuse

Very interesting.
Profile Pic
radiorumor
Champion Author Texas

Posts:2,817
Points:754,835
Joined:Feb 2011
Message Posted: Apr 12, 2012 10:41:53 AM
 Ignore radiorumor Report Abuse

Between less gasoline inventories and Goldman Slacks and we have a vacuum hose stuck in our back pocket
Profile Pic
sramroop
Champion Author Birmingham

Posts:3,322
Points:740,830
Joined:Jul 2010
Message Posted: Apr 12, 2012 10:40:16 AM
 Ignore sramroop Report Abuse

Where is the drop....not where I live....:(
Profile Pic
Murphy1
Champion Author Twin Cities

Posts:1,321
Points:106,865
Joined:Nov 2008
Message Posted: Apr 12, 2012 10:38:51 AM
 Ignore Murphy1 Report Abuse

Speculation???
Profile Pic
JR57CA
All-Star Author Los Angeles

Posts:788
Points:326,125
Joined:May 2011
Message Posted: Apr 12, 2012 10:37:42 AM
 Ignore JR57CA Report Abuse

yesterday's news
Profile Pic
ciimike
Champion Author Nevada

Posts:4,638
Points:1,062,060
Joined:Aug 2005
Message Posted: Apr 12, 2012 10:37:32 AM
 Ignore ciimike Report Abuse

But of course. Another way to keep gasoline prices up since the refineries are being closed down for "maintenance".
Profile Pic
BWALL2700
Champion Author Illinois

Posts:2,174
Points:195,735
Joined:Apr 2011
Message Posted: Apr 12, 2012 10:37:06 AM
 Ignore BWALL2700 Report Abuse

Prices have been dropping but still to high.
Profile Pic
joezIN
Champion Author Gary

Posts:1,663
Points:331,810
Joined:May 2011
Message Posted: Apr 12, 2012 10:36:11 AM
 Ignore joezIN Report Abuse

YA
Profile Pic
ultm8opie
Champion Author Twin Cities

Posts:2,204
Points:534,830
Joined:Jan 2011
Message Posted: Apr 12, 2012 10:35:31 AM
 Ignore ultm8opie Report Abuse

repeat
Profile Pic
kuma2000
Champion Author Honolulu

Posts:3,228
Points:675,125
Joined:Jun 2011
Message Posted: Apr 12, 2012 10:32:19 AM
 Ignore kuma2000 Report Abuse

inventories - but, what about prices.
Profile Pic
lenasdude
All-Star Author Alaska

Posts:970
Points:1,014,855
Joined:Jun 2005
Message Posted: Apr 12, 2012 10:31:51 AM
 Ignore lenasdude Report Abuse

Create a shortage and jack the price.
Profile Pic
BudsterMO
Champion Author Kansas City

Posts:3,715
Points:704,905
Joined:Aug 2009
Message Posted: Apr 12, 2012 10:31:47 AM
 Ignore BudsterMO Report Abuse

More grist for the speculator mill. Stop Oil Speculation (SOS) NOW!
Profile Pic
letterchunker
Champion Author Texas

Posts:2,245
Points:667,675
Joined:Aug 2008
Message Posted: Apr 12, 2012 10:30:33 AM
 Ignore letterchunker Report Abuse

Conserve, but don't just conserve, vote the idiots out of office in Washington
Post a reply Back to Topics
First
1234
Next Last
"Consumers working together to save on gas"