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Author	Topic: EIA petroleum supply/export report and what it means	Post a Reply Back to Topics

PD Moderator	Message Posted: Nov 9, 2011 10:45:07 AM Ignore PD Report Abuse 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 decreased by 1.4 million barrels to a total of 338.1 million barrels. At 338.1 million barrels, inventories are 26.8 million barrels below last year (-7.3%) and are in the upper limit of the average range. GASOLINE INVENTORIES: Gasoline inventories decreased by 2.1 million barrels to 204.2 million barrels. At 204.2 million barrels, inventories are now 6.2 million barrels, or 2.9% lower than last year (last week that number was 2.8% lower). Here's how individual regions and their gasoline inventory fared... Visit GasBuddy Blog for full article

Moderator

Message Posted: Nov 9, 2011 10:45:07 AM

Ignore PD Report Abuse

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 decreased by 1.4 million barrels to a total of 338.1 million barrels. At 338.1 million barrels, inventories are 26.8 million barrels below last year (-7.3%) and are in the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 2.1 million barrels to 204.2 million barrels. At 204.2 million barrels, inventories are now 6.2 million barrels, or 2.9% lower than last year (last week that number was 2.8% lower). Here's how individual regions and their gasoline inventory fared...

Visit GasBuddy Blog for full article

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TeacherSteve Rookie Author Oakland Posts:35 Points:395,790 Joined:Sep 2011	Message Posted: Nov 15, 2011 2:58:29 AM Ignore TeacherSteve Report Abuse Get on it US Govt! Build and store.
Dodge_Me Champion Author Atlanta Posts:2,214 Points:553,230 Joined:Mar 2006	Message Posted: Nov 10, 2011 1:29:16 AM Ignore Dodge_Me Report Abuse Are they saying we used too much?
Dodge_Me Champion Author Atlanta Posts:2,214 Points:553,230 Joined:Mar 2006	Message Posted: Nov 10, 2011 1:26:53 AM Ignore Dodge_Me Report Abuse Umm, OK
MDTDriver Champion Author California Posts:9,709 Points:2,151,620 Joined:Jul 2006	Message Posted: Nov 10, 2011 1:12:19 AM Ignore MDTDriver Report Abuse So up goes the pump price!
granitestater Champion Author New Hampshire Posts:8,805 Points:1,427,825 Joined:Oct 2008	Message Posted: Nov 10, 2011 12:58:09 AM Ignore granitestater Report Abuse We were oversupplied, anyway...
SBlouch Champion Author San Antonio Posts:8,719 Points:1,856,320 Joined:Apr 2007	Message Posted: Nov 10, 2011 12:53:44 AM Ignore SBlouch Report Abuse Same old crap with a few different figures.
Bruno44 Champion Author Texas Posts:7,060 Points:1,765,270 Joined:Sep 2007	Message Posted: Nov 10, 2011 12:53:17 AM Ignore Bruno44 Report Abuse What?
Rageagainsttm Champion Author Tampa Posts:8,288 Points:1,900,055 Joined:Jul 2007	Message Posted: Nov 10, 2011 12:49:34 AM Ignore Rageagainsttm Report Abuse Huh11111111
pgerassi Champion Author Milwaukee Posts:10,882 Points:2,128,750 Joined:Apr 2007	Message Posted: Nov 10, 2011 12:47:58 AM Ignore pgerassi Report Abuse SSDW!
shopnshop Champion Author Dallas Posts:1,125 Points:329,080 Joined:Aug 2008	Message Posted: Nov 10, 2011 12:45:51 AM Ignore shopnshop Report Abuse don't know what it means any more
TBONE3 Champion Author Pennsylvania Posts:8,731 Points:1,973,725 Joined:Mar 2005	Message Posted: Nov 10, 2011 12:44:47 AM Ignore TBONE3 Report Abuse OK!
joel27nc Champion Author Raleigh Posts:10,522 Points:1,855,445 Joined:Mar 2008	Message Posted: Nov 10, 2011 12:41:46 AM Ignore joel27nc Report Abuse Drill for oil & build refineries.
UpSol7 Champion Author Augusta Posts:1,638 Points:755,950 Joined:Sep 2008	Message Posted: Nov 10, 2011 12:41:03 AM Ignore UpSol7 Report Abuse yawn
wildddkattt80 Champion Author Phoenix Posts:2,143 Points:432,145 Joined:Jun 2011	Message Posted: Nov 10, 2011 12:37:50 AM Ignore wildddkattt80 Report Abuse k
vodrick43 Rookie Author Lubbock Posts:70 Points:7,485 Joined:Sep 2011	Message Posted: Nov 10, 2011 12:34:09 AM Ignore vodrick43 Report Abuse ....
leraar2 Champion Author Massachusetts Posts:3,744 Points:783,680 Joined:Mar 2011	Message Posted: Nov 10, 2011 12:29:38 AM Ignore leraar2 Report Abuse contrived shortages.
bobt2382 Champion Author Texas Posts:2,904 Points:797,445 Joined:Apr 2010	Message Posted: Nov 10, 2011 12:04:43 AM Ignore bobt2382 Report Abuse If we stop exporting diesel, perhaps OUR price here would come down.
emptypockets2008 Champion Author Michigan Posts:14,647 Points:1,306,720 Joined:Sep 2008	Message Posted: Nov 10, 2011 12:04:27 AM Ignore emptypockets2008 Report Abuse OK
kgbellman Champion Author Ann Arbor Posts:2,698 Points:728,915 Joined:Mar 2011	Message Posted: Nov 9, 2011 11:57:21 PM Ignore kgbellman Report Abuse boring
Archangel00 Champion Author Mississippi Posts:1,697 Points:351,995 Joined:Feb 2011	Message Posted: Nov 9, 2011 11:56:35 PM Ignore Archangel00 Report Abuse yawn..
southrob Champion Author Tucson Posts:3,585 Points:685,150 Joined:Mar 2011	Message Posted: Nov 9, 2011 11:55:35 PM Ignore southrob Report Abuse increase our oil production to help the economy
mrbee Champion Author Little Rock Posts:3,738 Points:2,462,585 Joined:Oct 2005	Message Posted: Nov 9, 2011 11:54:49 PM Ignore mrbee Report Abuse Next time they will be higher. Up and down.
amearly Champion Author Michigan Posts:12,099 Points:2,463,610 Joined:Jan 2006	Message Posted: Nov 9, 2011 11:48:22 PM Ignore amearly Report Abuse When your shipping out more gas this is what happens to inventory so you can charge more at home and keep this economy down.
Petrock Champion Author Lexington Posts:9,103 Points:2,553,760 Joined:Apr 2005	Message Posted: Nov 9, 2011 11:47:53 PM Ignore Petrock Report Abuse Inventories are down. Sounds like the perfect excuse to raise oil and gasoline prices!
tippybuddy Champion Author Ontario Posts:1,523 Points:207,740 Joined:Feb 2011	Message Posted: Nov 9, 2011 11:47:22 PM Ignore tippybuddy Report Abuse thanks
SamErica2011 Rookie Author San Diego Posts:3 Points:610 Joined:Oct 2011	Message Posted: Nov 9, 2011 11:46:30 PM Ignore SamErica2011 Report Abuse Dang. A lot of oil.
HiGramma Champion Author Michigan Posts:1,815 Points:445,690 Joined:Oct 2008	Message Posted: Nov 9, 2011 11:39:04 PM Ignore HiGramma Report Abuse thanks for the figures!
JAM11MS All-Star Author Mississippi Posts:830 Points:451,175 Joined:Feb 2011	Message Posted: Nov 9, 2011 11:37:31 PM Ignore JAM11MS Report Abuse OK
danol43 Champion Author Modesto Posts:1,697 Points:585,930 Joined:May 2011	Message Posted: Nov 9, 2011 11:37:21 PM Ignore danol43 Report Abuse thanks...
gumbyrex Champion Author Fresno Posts:3,281 Points:755,290 Joined:Mar 2011	Message Posted: Nov 9, 2011 11:37:00 PM Ignore gumbyrex Report Abuse What's going to happen if we have an unusually cold winter and inventory keeps dropping. Can you say higher consumer prices?
BooHooMI Champion Author Michigan Posts:1,556 Points:344,610 Joined:Sep 2010	Message Posted: Nov 9, 2011 11:35:39 PM Ignore BooHooMI Report Abuse Thank you.
nirodha23 Sophomore Author Detroit Posts:182 Points:41,560 Joined:Aug 2011	Message Posted: Nov 9, 2011 11:33:04 PM Ignore nirodha23 Report Abuse thanks
abcdMA Champion Author Worcester Posts:7,907 Points:1,571,955 Joined:Nov 2008	Message Posted: Nov 9, 2011 11:32:16 PM Ignore abcdMA Report Abuse keep demand down
carman11 Champion Author North Carolina Posts:3,314 Points:687,725 Joined:Jun 2011	Message Posted: Nov 9, 2011 11:31:23 PM Ignore carman11 Report Abuse Interesting
bonzoonfmb Champion Author Florida Posts:1,767 Points:640,910 Joined:Feb 2010	Message Posted: Nov 9, 2011 11:28:11 PM Ignore bonzoonfmb Report Abuse Unless the U.S. nationalizes their oil companies (I am not advocating this) the supply from their oil producers will go to the highest bidder and not go to the U.S. public until which time the prices to be got from domestic sales of the product reaches levels to be gained from overseas sales. Just economic fact.
crowefamily1 All-Star Author Texas Posts:804 Points:297,100 Joined:Sep 2006	Message Posted: Nov 9, 2011 11:25:28 PM Ignore crowefamily1 Report Abuse it shouldn't matter as long as we have what we need.
pastorpaulcg Champion Author Virginia Posts:3,615 Points:775,785 Joined:Dec 2010	Message Posted: Nov 9, 2011 11:21:33 PM Ignore pastorpaulcg Report Abuse Ok
g747 Champion Author Mobile Posts:4,521 Points:929,670 Joined:Jul 2009	Message Posted: Nov 9, 2011 11:21:26 PM Ignore g747 Report Abuse Thanks for the Report.
DrLyon Champion Author Michigan Posts:6,635 Points:1,208,205 Joined:May 2006	Message Posted: Nov 9, 2011 11:14:36 PM Ignore DrLyon Report Abuse Oops, prices are falling at the pump in Michigan...
OGW Champion Author London Posts:5,324 Points:1,529,650 Joined:Sep 2005	Message Posted: Nov 9, 2011 11:07:31 PM Ignore OGW Report Abuse Stil of no importance to the public as they price however they want to.
BKool Champion Author Michigan Posts:5,243 Points:1,896,305 Joined:Aug 2005	Message Posted: Nov 9, 2011 11:06:59 PM Ignore BKool Report Abuse Bad news and poor planning.
sit Champion Author Cleveland Posts:5,185 Points:1,928,945 Joined:Feb 2006	Message Posted: Nov 9, 2011 11:05:21 PM Ignore sit Report Abuse OK
lgwhitlock Champion Author Chico Posts:7,367 Points:1,682,510 Joined:Jun 2008	Message Posted: Nov 9, 2011 11:04:41 PM Ignore lgwhitlock Report Abuse Ah the latest government sponsored speculation report...
mstearno Champion Author Dayton Posts:8,048 Points:1,728,210 Joined:Jan 2008	Message Posted: Nov 9, 2011 11:00:13 PM Ignore mstearno Report Abuse less jobs less demand
30mpg80 Champion Author Lexington Posts:9,993 Points:1,484,930 Joined:Nov 2008	Message Posted: Nov 9, 2011 10:51:16 PM Ignore 30mpg80 Report Abuse And we are using less gasoline, so there is no shortage
DustyHorse Champion Author Virginia Posts:6,067 Points:1,387,845 Joined:Oct 2008	Message Posted: Nov 9, 2011 10:50:29 PM Ignore DustyHorse Report Abuse I'm sure the speculators have worked themselves up into a frenzy about this and just can't wait to run up prices.
p90x_insanity Veteran Author Maryland Posts:273 Points:58,150 Joined:Sep 2011	Message Posted: Nov 9, 2011 10:41:36 PM Ignore p90x_insanity Report Abuse blah blah blah
Ethan777OH Veteran Author Ohio Posts:270 Points:25,720 Joined:May 2011	Message Posted: Nov 9, 2011 10:37:50 PM Ignore Ethan777OH Report Abuse ...interesting
rpr77 Champion Author Philadelphia Posts:3,880 Points:764,260 Joined:Mar 2011	Message Posted: Nov 9, 2011 10:35:23 PM Ignore rpr77 Report Abuse ok
Hewy67 Sophomore Author Grand Rapids Posts:156 Points:442,045 Joined:Apr 2008	Message Posted: Nov 9, 2011 10:35:04 PM Ignore Hewy67 Report Abuse bah.. humbug