Not Logged In Log In   Sign Up   Points Leaders
Follow Us    4:33 PM

GasBuddy News Article

55
votes
Weekly EIA report shows further erosion for east coast refinery output

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 1.8 million barrels to a total of 374.8 million barrels. At 374.8 million barrels, inventories are 36.8 million barrels above last year (10.9%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories increased by 2.9 million barrels to 202.4 million barrels. At 202.4 million barrels, inventories are down 1.8 million barrels, or 0.9% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (-1.3mb); Midwest...


Read the Full Article

Submitted Nov 07, 2012 By: PD
Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: Weekly EIA report shows further erosion for east coast refinery output Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

Posts:24,351
Points:2,446,590
Joined:Nov 2008
Message Posted: Nov 10, 2012 6:32:05 AM

the usual useless figures.
52MPG
Champion Author Dayton

Posts:10,651
Points:2,554,950
Joined:Apr 2006
Message Posted: Nov 9, 2012 12:28:37 AM

If supplies are up prices should be down.
Pete12
Champion Author Albany

Posts:6,168
Points:2,220,705
Joined:Nov 2005
Message Posted: Nov 8, 2012 7:25:09 PM

Prices are dropping big time in my area of the Capitol District of NY.
goldrose1
Champion Author Cleveland

Posts:14,325
Points:2,713,235
Joined:Feb 2005
Message Posted: Nov 8, 2012 4:22:18 PM

Fuel coming from other sources supplying stations.
prcoqui
Champion Author Maryland

Posts:5,853
Points:2,191,450
Joined:Dec 2006
Message Posted: Nov 8, 2012 4:58:29 AM

Not affecting gas prices yet.
dudleydolittle
Champion Author Cleveland

Posts:7,854
Points:1,391,185
Joined:Sep 2011
Message Posted: Nov 8, 2012 4:44:42 AM

sad...
putterstoy
All-Star Author Texas

Posts:517
Points:83,080
Joined:Feb 2012
Message Posted: Nov 8, 2012 4:35:35 AM

Not so good.
plbell627
Champion Author Dayton

Posts:8,125
Points:1,969,205
Joined:Mar 2007
Message Posted: Nov 8, 2012 4:34:21 AM


OLD NEWS get New Articles
fordfan1
Champion Author Indiana

Posts:12,468
Points:2,706,460
Joined:Jul 2007
Message Posted: Nov 8, 2012 4:34:04 AM

Not good news for the rest of the country too!!!! The prices shot up here in Northeast Indiana 30 cents on Tuesday!!!!!
TXryder
Champion Author Texas

Posts:6,222
Points:1,144,240
Joined:Jan 2012
Message Posted: Nov 8, 2012 4:34:02 AM

Its okay because usage is way down in that area also
VetteFan
Champion Author Indiana

Posts:11,318
Points:2,417,625
Joined:Aug 2005
Message Posted: Nov 8, 2012 4:33:22 AM

I hope the refineries can recover soon.
dylan126
Champion Author Cleveland

Posts:7,854
Points:1,396,520
Joined:Sep 2011
Message Posted: Nov 8, 2012 4:32:52 AM

gas prices on the rise....
RichWLIN
Champion Author Indiana

Posts:8,678
Points:1,484,830
Joined:Jun 2011
Message Posted: Nov 8, 2012 4:32:19 AM

Big brother's right arm says so.
DrivingFool2
Champion Author Appleton

Posts:12,067
Points:2,409,560
Joined:Apr 2005
Message Posted: Nov 8, 2012 4:31:39 AM

Happens also
fruitpic
Champion Author Evansville

Posts:12,315
Points:2,626,655
Joined:Sep 2006
Message Posted: Nov 8, 2012 4:30:53 AM

ok
03mdx
Champion Author Syracuse

Posts:4,737
Points:1,788,500
Joined:Sep 2008
Message Posted: Nov 8, 2012 4:30:51 AM

The East Coast is in bad shape, so this is not unexpected.
WonderfulMI
Champion Author Michigan

Posts:15,240
Points:2,627,025
Joined:Jun 2008
Message Posted: Nov 8, 2012 4:29:48 AM

Now, if Canada would just refine their tar sands oil on site, there would be no fuel shortage.
GoLancer4
Champion Author Ohio

Posts:1,812
Points:560,390
Joined:Sep 2011
Message Posted: Nov 8, 2012 4:29:30 AM

uh huh
bondo
Champion Author Twin Cities

Posts:6,820
Points:1,595,020
Joined:May 2001
Message Posted: Nov 8, 2012 4:29:28 AM

Ok
teamsimons
Champion Author South Carolina

Posts:4,027
Points:1,110,335
Joined:Aug 2011
Message Posted: Nov 8, 2012 4:29:17 AM

Inventories of crude and gasoline are up and prices are coming down a bit at a time. This sounds like good news. Wish it would last...
mark1962
Champion Author Albany

Posts:9,063
Points:2,062,615
Joined:Sep 2009
Message Posted: Nov 8, 2012 4:28:14 AM

as usual.
FNB1967
Champion Author Ontario

Posts:5,186
Points:1,594,210
Joined:Jan 2011
Message Posted: Nov 8, 2012 4:27:15 AM

Blah blah blah
NJColt
Champion Author New Jersey

Posts:15,830
Points:3,444,020
Joined:Aug 2005
Message Posted: Nov 8, 2012 4:25:45 AM

Who cares.
RocketGeek
Champion Author Grand Rapids

Posts:13,991
Points:2,932,915
Joined:May 2005
Message Posted: Nov 8, 2012 4:25:44 AM

Let the price games begin.
Clayton2000
Champion Author South Carolina

Posts:3,232
Points:652,010
Joined:Oct 2008
Message Posted: Nov 8, 2012 4:25:05 AM

More snow
fillerupyeoww
Champion Author Columbus

Posts:9,003
Points:2,399,205
Joined:Mar 2008
Message Posted: Nov 8, 2012 4:24:56 AM

All that means is fuel isn't getting to the people that need it in the northeast. Pump prices up .30 here while crude went down 3.00.
cheapertvs
Champion Author Richmond

Posts:13,808
Points:3,557,445
Joined:Jan 2004
Message Posted: Nov 8, 2012 4:24:54 AM

So why are prices at the pump not falling much faster?
mandoid
Champion Author Alabama

Posts:10,658
Points:2,322,055
Joined:May 2008
Message Posted: Nov 8, 2012 4:24:21 AM

short term maybe it will go down, but...
cutter1330
Champion Author Oklahoma

Posts:10,551
Points:2,493,200
Joined:Jul 2005
Message Posted: Nov 8, 2012 4:24:01 AM

Otay.
Zuman
Champion Author New York

Posts:9,466
Points:2,702,580
Joined:May 2005
Message Posted: Nov 8, 2012 4:23:48 AM

More crap
Ferdman17
Champion Author Albany

Posts:4,472
Points:1,200,405
Joined:Feb 2012
Message Posted: Nov 8, 2012 4:23:27 AM

Relief
rogerparry
Champion Author Florida

Posts:12,991
Points:2,754,805
Joined:Jan 2008
Message Posted: Nov 8, 2012 4:22:49 AM

Ignore the noise and keep conserving.
Straitliner
Champion Author Illinois

Posts:4,980
Points:1,046,830
Joined:Sep 2012
Message Posted: Nov 8, 2012 4:21:49 AM

Maybe the gas will go under 3.00 a gallon.
chuckohio
Champion Author Columbus

Posts:4,425
Points:1,043,950
Joined:Aug 2012
Message Posted: Nov 8, 2012 4:20:59 AM

If inventories are up than prices should come down?
smqua
Champion Author Cleveland

Posts:2,627
Points:1,079,955
Joined:Mar 2011
Message Posted: Nov 8, 2012 4:20:07 AM

Manipulation
nb52
Champion Author Grand Rapids

Posts:11,141
Points:2,355,915
Joined:Nov 2008
Message Posted: Nov 8, 2012 4:19:41 AM

Good old bureaucrats.
Hunter114
Champion Author Chicago

Posts:17,347
Points:2,257,460
Joined:Apr 2009
Message Posted: Nov 8, 2012 4:19:02 AM

An excuse for the gas pimps.
slkmoo
Champion Author Ontario

Posts:4,332
Points:1,116,920
Joined:Apr 2012
Message Posted: Nov 8, 2012 4:17:44 AM

ok
kobes1
Champion Author Florida

Posts:5,762
Points:1,340,180
Joined:Aug 2011
Message Posted: Nov 8, 2012 4:15:49 AM

Gonna be a long winter
silverfox63
Champion Author Michigan

Posts:11,297
Points:2,376,035
Joined:Oct 2008
Message Posted: Nov 8, 2012 4:14:38 AM

Just another excuse to jack up the prices again.
bikerWI
Champion Author Milwaukee

Posts:4,796
Points:1,687,015
Joined:Apr 2010
Message Posted: Nov 8, 2012 4:14:35 AM

Ok.
oas
Champion Author Maryland

Posts:7,619
Points:2,952,790
Joined:Feb 2005
Message Posted: Nov 8, 2012 4:14:04 AM

Things will take a while in the northeast.
germainesr
Champion Author Columbia

Posts:4,352
Points:1,133,340
Joined:Sep 2008
Message Posted: Nov 8, 2012 4:13:52 AM

I don't think it makes a difference
JoJoQc
Champion Author Montreal

Posts:5,336
Points:1,040,155
Joined:May 2010
Message Posted: Nov 8, 2012 4:12:46 AM

Okay!
dar 1
Champion Author Michigan

Posts:9,175
Points:605,885
Joined:Jan 2005
Message Posted: Nov 8, 2012 4:12:00 AM

Not good................
GLM4205
Champion Author Toledo

Posts:6,933
Points:1,488,285
Joined:Dec 2010
Message Posted: Nov 8, 2012 4:10:37 AM

Prices have been up last two days.
Jeffro61
Champion Author Cleveland

Posts:5,205
Points:3,018,420
Joined:Oct 2005
Message Posted: Nov 8, 2012 4:09:37 AM

Just a report to give speculators something to speculate.
bikechuck
Champion Author Indianapolis

Posts:10,438
Points:2,878,600
Joined:Apr 2006
Message Posted: Nov 8, 2012 4:09:19 AM

Doesn't seem to make much difference at the pump.
DexLucas
Champion Author South Carolina

Posts:2,861
Points:846,245
Joined:Feb 2012
Message Posted: Nov 8, 2012 4:07:42 AM

ok
lbrinkmn
Champion Author Minnesota

Posts:6,068
Points:2,637,095
Joined:Oct 2005
Message Posted: Nov 8, 2012 4:02:27 AM

ok
rocket_ron
Champion Author Grand Rapids

Posts:9,627
Points:2,767,160
Joined:Jul 2006
Message Posted: Nov 8, 2012 4:00:30 AM

but gas inventories are up.
Post a reply Back to Topics