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GasBuddy News Article

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Gasoline inventories rise again, says EIA

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 1.0 million barrels to a total of 360.3 million barrels. At 360.3 million barrels, inventories are 29.1 million barrels above last year (8.8%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories increased by 1.9 million barrels to 235.0 million barrels. At 235.0 million barrels, inventories are up 7.5 million barrels, or 3.3% higher than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (+0.6mb); Midwest...


Read the Full Article

Submitted Jan 16, 2013 By: PD
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Author Topic: Gasoline inventories rise again, says EIA Back to Topics
REPLIES (newest first) Post a Reply
sweeteddy
Champion Author Indianapolis

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Message Posted: Feb 11, 2013 12:18:09 AM

good
Bearcat500
Champion Author Cincinnati

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Message Posted: Feb 10, 2013 9:12:23 AM

OK
pilotmass
Champion Author Boston

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Message Posted: Jan 31, 2013 5:44:30 AM

Inventory rise so does gas prices. Grrr....
rrs517
Champion Author Colorado

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Message Posted: Jan 30, 2013 5:48:45 AM

Good
Vette1967
Champion Author Albany

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Message Posted: Jan 29, 2013 11:36:44 PM

So why are pump prices rising?
99dakota
Champion Author Providence

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Message Posted: Jan 29, 2013 3:32:21 AM

Good news, but probably will not affect prices right away.
honda0105
Champion Author Tallahassee

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Message Posted: Jan 18, 2013 10:10:54 PM

we know by now that gasoline inventories do not always translate to lower pump prices.
blupupher
Champion Author Houston

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Message Posted: Jan 17, 2013 6:33:58 AM

yet prices remain high.
FogCitySpotter
Champion Author San Francisco

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Message Posted: Jan 17, 2013 5:11:51 AM

Ok
pitamon
Champion Author Philadelphia

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Message Posted: Jan 17, 2013 4:51:43 AM

So why isn't the price dropping?
nb52
Champion Author Grand Rapids

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Message Posted: Jan 17, 2013 4:12:28 AM

Overpaid bureaucrats at EIA.
kirzon484
Champion Author Atlanta

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Message Posted: Jan 17, 2013 4:03:55 AM

supply up, price down. lets see what excuse they use this time for high prices. should be amusing.
checkum
Champion Author St. Louis

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Message Posted: Jan 17, 2013 4:03:11 AM

pump price should be a dollar less by now
isem
Champion Author Missouri

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Message Posted: Jan 17, 2013 4:03:10 AM

This hasn’t helped pump prices much in most places…
SHEP20715
Champion Author Maryland

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Message Posted: Jan 17, 2013 4:02:40 AM

Gas prices are controlled more by global circumstances, the by our inventory
WEB0153
Champion Author Maryland

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Message Posted: Jan 17, 2013 4:02:24 AM

Law of economics - Inventories up>Prices should fall.
smqua
Champion Author Cleveland

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Message Posted: Jan 17, 2013 4:02:11 AM

Seems like there is a supply to price disconnect
Petrock
Champion Author Lexington

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Message Posted: Jan 17, 2013 4:01:03 AM

Inventories are up - let's raise prices!
Ratso
Champion Author Ohio

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Message Posted: Jan 17, 2013 4:00:29 AM

they all keep raising the prices though !
Ferdman17
Champion Author Albany

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Message Posted: Jan 17, 2013 3:59:01 AM

Well w
Seems to make no difference anyway.
abk
Champion Author Utah

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Message Posted: Jan 17, 2013 3:58:01 AM

Need bigger supplies along both coasts to lower prices.
chuckohio
Champion Author Columbus

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Message Posted: Jan 17, 2013 3:57:52 AM

Okay
SavingInNC
Champion Author North Carolina

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Message Posted: Jan 17, 2013 3:57:26 AM

Prices go up right along with it.
arinkrat17
Champion Author Twin Cities

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Message Posted: Jan 17, 2013 3:56:25 AM

Prices jumped again at the pumps yesterday crooks
DrivingFool2
Champion Author Appleton

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Message Posted: Jan 17, 2013 3:55:11 AM

Doh
blitzntj
Champion Author Jacksonville

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Message Posted: Jan 17, 2013 3:51:25 AM

blah blah blah
Alderaan
Champion Author Greenville

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Message Posted: Jan 17, 2013 3:50:59 AM

You'd THINK this would mean prices would go down.
ILVET
Champion Author Illinois

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Message Posted: Jan 17, 2013 3:50:48 AM

Can we move on please
Ziggy1962
Champion Author New Jersey

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Message Posted: Jan 17, 2013 3:50:05 AM

Old news.
LeeFree
Champion Author Pittsburgh

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Message Posted: Jan 17, 2013 3:47:09 AM

Not translating to lower prices in these parts.
oas
Champion Author Maryland

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Message Posted: Jan 17, 2013 3:46:36 AM

yesterday's news.
fillerupyeoww
Champion Author Columbus

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Message Posted: Jan 17, 2013 3:45:50 AM

Won't help lower pump prices.
jeff95519
Champion Author California

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Message Posted: Jan 17, 2013 3:42:07 AM

prices should go down then
Lengas
Champion Author Gary

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Message Posted: Jan 17, 2013 3:41:19 AM

$3.199 here
turbodog
Champion Author Mississippi

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Message Posted: Jan 17, 2013 3:37:33 AM

Should fall
billy44bo
Champion Author Mobile

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Message Posted: Jan 17, 2013 3:34:56 AM

Dow to $3.08 here was under $2.85 before the holidays.
epf
Champion Author Grand Rapids

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Message Posted: Jan 17, 2013 3:30:23 AM

I agree with Maintroll
gabisgram
Champion Author Michigan

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Message Posted: Jan 17, 2013 3:30:14 AM

Gas went down 7 cents yesterday here.
Maintroll
Champion Author Lexington

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Message Posted: Jan 17, 2013 3:28:27 AM

Why do they even waste space printing this garbage every week.
AvantiMick
Champion Author Indiana

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Message Posted: Jan 17, 2013 3:27:24 AM

Prices dropping all around here, but not here!??
hybridaholic
Champion Author Appleton

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Message Posted: Jan 17, 2013 3:26:43 AM

Prices should be falling.
Foxt
Champion Author Minnesota

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Message Posted: Jan 17, 2013 3:25:32 AM

So are the prices.
vamike
Champion Author Virginia

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Message Posted: Jan 17, 2013 3:24:00 AM

Yawn
Bonanza
Champion Author Boston

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Message Posted: Jan 17, 2013 3:23:10 AM

Yesterday's news
pfone1847
Champion Author Illinois

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Message Posted: Jan 17, 2013 3:22:12 AM

Lower the prices at the pumps.
74celica
Champion Author Columbus

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Message Posted: Jan 17, 2013 3:21:32 AM

and yet prices remain high
stpetebp
Champion Author Tampa

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Message Posted: Jan 17, 2013 3:21:13 AM

Inventory High... Prices High... Hmmm!

[Edited by: stpetebp at 1/17/2013 5:21:43 AM EST]
Dailyrun
Champion Author Kentucky

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Message Posted: Jan 17, 2013 3:20:52 AM

and..
gougenator
Champion Author Dallas

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Message Posted: Jan 17, 2013 3:19:35 AM

/////It is possible that speculators are keeping the prices up and because the economy is still sluggish, there is little demand and so inventories grow. This is the opposite to what would normally be expected with supply-demand//////

no speculators, no artificial price jacking
let supply demand work like it should, revive this ecomanie PROSPER! then supply demand will kick the price up on its own

okay!
Luckylindy
Champion Author Milwaukee

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Message Posted: Jan 17, 2013 3:18:10 AM

My god, Drivefast has figured out the secret equation.
DRIVESFAST
Champion Author San Bernardino

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Message Posted: Jan 17, 2013 3:14:57 AM

Supplies down = prices up.
Supplies up = prices up.
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