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EIA: Crude inventories barely rose, gasoline and distillate inventories up

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 0.3 million barrels to a total of 339.2 million barrels. At 339.2 million barrels, inventories are 5.8 million barrels below last year (-1.7%) and are in the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories increased by 1.6 million barrels to 231.8 million barrels. At 231.8 million barrels, inventories are 9.1 million barrels, or 3.8% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (N/C); Midwest (+0...

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Submitted Feb 08, 2012 By: PD

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gawxnative All-Star Author Atlanta Posts:507 Points:185,430 Joined:Aug 2006	Message Posted: Feb 14, 2012 2:34:43 PM Ignore gawxnative Report Abuse And their point is....
nb52 Champion Author Grand Rapids Posts:5,962 Points:1,187,445 Joined:Nov 2008	Message Posted: Feb 9, 2012 5:14:07 AM Ignore nb52 Report Abuse The energy Information Agency is a waste of money to the US taxpayers.
tomok Champion Author Portland Posts:26,087 Points:1,985,410 Joined:Aug 2006	Message Posted: Feb 9, 2012 2:13:13 AM Ignore tomok Report Abuse Crude inventories barely rose, gasoline and distillate inventories up. Crude oil inventories increased, Gasoline inventories increased, Distillate inventories increased and Refinery utilization rose. Total oil stocks in the US are down. About the same as last week (Distillate decreased/Refinery fell). STOP Big oil from selling fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their benefit. Whatever the size or shape of the vehicle is, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. The price of fuel at the pump is too high! 12/22/2012!
truckguy115 Champion Author Orange County Posts:1,418 Points:196,470 Joined:Apr 2008	Message Posted: Feb 9, 2012 12:10:14 AM Ignore truckguy115 Report Abuse no matter how much gasoline inventories rise gas will still go up and even with demand down prices will still go up as they have since Obama took office.
Harry813 Champion Author Iowa Posts:1,249 Points:304,795 Joined:Jul 2011	Message Posted: Feb 9, 2012 12:09:56 AM Ignore Harry813 Report Abuse I wish the prices would go down!
TBONE3 Champion Author Pennsylvania Posts:6,928 Points:1,617,545 Joined:Mar 2005	Message Posted: Feb 9, 2012 12:09:40 AM Ignore TBONE3 Report Abuse Something here does not add up. If gas inventories are UP, shouldn't the retail price go DOWN? Not happening here!!!!
TIGERPAW46 Champion Author Florida Posts:5,561 Points:1,052,830 Joined:Mar 2004	Message Posted: Feb 9, 2012 12:08:09 AM Ignore TIGERPAW46 Report Abuse It's pretty useless info any more since no one pays attention to that anyway when prices are determined.
hank1326 Champion Author Los Angeles Posts:7,203 Points:1,384,950 Joined:Jun 2008	Message Posted: Feb 9, 2012 12:05:43 AM Ignore hank1326 Report Abuse Meanwhile, pump prices are climbing here and we are getting raked.
no8c Champion Author Ohio Posts:1,034 Points:347,525 Joined:Jul 2008	Message Posted: Feb 9, 2012 12:05:16 AM Ignore no8c Report Abuse Thanks for posting this article!
jkpsr Champion Author New Jersey Posts:2,535 Points:760,090 Joined:Jun 2005	Message Posted: Feb 9, 2012 12:04:57 AM Ignore jkpsr Report Abuse There is still hope.
Prodaddy Champion Author Houston Posts:6,585 Points:1,535,770 Joined:May 2007	Message Posted: Feb 9, 2012 12:04:02 AM Ignore Prodaddy Report Abuse Nothing really suprising here
Ron77095 Champion Author Houston Posts:1,230 Points:242,575 Joined:Sep 2011	Message Posted: Feb 9, 2012 12:02:58 AM Ignore Ron77095 Report Abuse ok.
nomad228 Champion Author Columbus Posts:1,833 Points:343,425 Joined:Feb 2011	Message Posted: Feb 9, 2012 12:01:21 AM Ignore nomad228 Report Abuse i don't even know what to say to this one.it's like our gov'ment wants to stall america out.
tampacrvdriver Champion Author Tampa Posts:1,731 Points:362,350 Joined:May 2011	Message Posted: Feb 8, 2012 11:57:43 PM Ignore tampacrvdriver Report Abuse Shocking.
Rooster922 Champion Author Wilmington Posts:2,132 Points:329,940 Joined:Jan 2009	Message Posted: Feb 8, 2012 11:54:29 PM Ignore Rooster922 Report Abuse Another boring topic, nothing to say. How about start reserving your dozen of roses now, the price is going to the roof. Gasoline will look like very cheap.
LostToo Champion Author Illinois Posts:3,632 Points:821,550 Joined:May 2009	Message Posted: Feb 8, 2012 11:54:25 PM Ignore LostToo Report Abuse It rose here too.... But now its on a slow roll back down. Always up like a rocket and down like a feather.
Rageagainsttm Champion Author Tampa Posts:6,529 Points:1,550,970 Joined:Jul 2007	Message Posted: Feb 8, 2012 11:52:35 PM Ignore Rageagainsttm Report Abuse yes
REVLAW Champion Author San Antonio Posts:8,578 Points:1,646,090 Joined:Jul 2007	Message Posted: Feb 8, 2012 11:51:21 PM Ignore REVLAW Report Abuse Useless report.
pgerassi Champion Author Milwaukee Posts:9,059 Points:1,771,585 Joined:Apr 2007	Message Posted: Feb 8, 2012 11:49:40 PM Ignore pgerassi Report Abuse Same Story, Different Week (SSDW)!
notnxs383 Champion Author Missouri Posts:1,059 Points:262,390 Joined:Oct 2008	Message Posted: Feb 8, 2012 11:49:06 PM Ignore notnxs383 Report Abuse crude crap
MidNJ Champion Author New Jersey Posts:5,500 Points:843,575 Joined:Sep 2009	Message Posted: Feb 8, 2012 11:47:07 PM Ignore MidNJ Report Abuse "Crude inventories barely rose, gasoline and distillate inventories up"??? ================= Crude barely rose, gas inventories up? And the prediction is higher pump prices in the coming months??? To me this is "illogical" but, then again I am not a speculator who "earns" money by betting that prices will go up, and up and up. ?????????????????? And yes, the speculators must never allow any kind of renewable energy to compete! -- Thus we must continue the mantra, Drill baby Drill, Drill, baby Drill . . .
Boby Champion Author San Francisco Posts:1,312 Points:1,886,335 Joined:Jun 2004	Message Posted: Feb 8, 2012 11:45:45 PM Ignore Boby Report Abuse How crude!
Buddy2264 Champion Author Tampa Posts:9,810 Points:2,000,000 Joined:Oct 2005	Message Posted: Feb 8, 2012 11:35:12 PM Ignore Buddy2264 Report Abuse They are not going to raise inventory in the US when they can ship it elsewhere for a higher profit. If inventory rises we will demand lower prices.
TommyTraveler Champion Author Cincinnati Posts:6,858 Points:1,339,180 Joined:Nov 2007	Message Posted: Feb 8, 2012 11:34:34 PM Ignore TommyTraveler Report Abuse Gas is rising here.
HelenT Champion Author Buffalo Posts:1,140 Points:270,370 Joined:Apr 2004	Message Posted: Feb 8, 2012 11:34:25 PM Ignore HelenT Report Abuse ....
Double_Golden All-Star Author San Francisco Posts:745 Points:244,780 Joined:Aug 2011	Message Posted: Feb 8, 2012 11:34:01 PM Ignore Double_Golden Report Abuse gas price just rise to 3.71/gallon here
umitb Champion Author Indianapolis Posts:1,873 Points:495,160 Joined:Apr 2010	Message Posted: Feb 8, 2012 11:33:49 PM Ignore umitb Report Abuse ok
unicornpmb Champion Author Buffalo Posts:6,657 Points:1,268,300 Joined:Sep 2005	Message Posted: Feb 8, 2012 11:31:32 PM Ignore unicornpmb Report Abuse Here we go with the EIA again.
greenfog Champion Author Illinois Posts:4,691 Points:1,282,115 Joined:Feb 2008	Message Posted: Feb 8, 2012 11:30:35 PM Ignore greenfog Report Abuse are they surprised after jacking the price of gas?
Zonk Champion Author Michigan Posts:4,659 Points:1,743,865 Joined:Oct 2005	Message Posted: Feb 8, 2012 11:29:11 PM Ignore Zonk Report Abuse Inventories can move up or down and have little impact on pump prices.
A2J Champion Author Richmond Posts:1,420 Points:276,225 Joined:Aug 2011	Message Posted: Feb 8, 2012 11:26:17 PM Ignore A2J Report Abuse Is this department called EIA ???
bra0712 Champion Author Arizona Posts:1,972 Points:415,700 Joined:Nov 2008	Message Posted: Feb 8, 2012 11:25:39 PM Ignore bra0712 Report Abuse K
Bezalel Champion Author Oklahoma City Posts:10,266 Points:1,932,155 Joined:Oct 2006	Message Posted: Feb 8, 2012 11:25:32 PM Ignore Bezalel Report Abuse No drop at the pump here
52MPG Champion Author Dayton Posts:5,445 Points:1,383,330 Joined:Apr 2006	Message Posted: Feb 8, 2012 11:24:22 PM Ignore 52MPG Report Abuse So what is driving up gas prices?
Bubba44612 Champion Author Ohio Posts:5,694 Points:1,524,340 Joined:Aug 2005	Message Posted: Feb 8, 2012 11:23:20 PM Ignore Bubba44612 Report Abuse Get ready for your springtime screwing. It's coming, just ask any speculator.
heartbroken2010 Champion Author Ottawa Posts:2,522 Points:537,455 Joined:Aug 2010	Message Posted: Feb 8, 2012 11:21:59 PM Ignore heartbroken2010 Report Abuse numbers are just numbers.
bobt2382 Champion Author Texas Posts:1,197 Points:457,440 Joined:Apr 2010	Message Posted: Feb 8, 2012 11:21:39 PM Ignore bobt2382 Report Abuse More profits.
tedjm1 Champion Author New York Posts:4,080 Points:496,465 Joined:Dec 2006	Message Posted: Feb 8, 2012 11:20:04 PM Ignore tedjm1 Report Abuse But prices still rise. More profits.
southrob Champion Author Tucson Posts:1,865 Points:344,045 Joined:Mar 2011	Message Posted: Feb 8, 2012 11:17:05 PM Ignore southrob Report Abuse dhan
jtfftj Champion Author New Hampshire Posts:1,241 Points:922,165 Joined:Sep 2005	Message Posted: Feb 8, 2012 11:16:48 PM Ignore jtfftj Report Abuse Somebody really needs this information to really screw the American consumer. The American consumer just doesn't know who that is.
DrLyon Champion Author Michigan Posts:4,937 Points:856,600 Joined:May 2006	Message Posted: Feb 8, 2012 11:16:16 PM Ignore DrLyon Report Abuse Pump prices know how to rise...
Colts13 All-Star Author Indiana Posts:662 Points:257,310 Joined:Mar 2011	Message Posted: Feb 8, 2012 11:15:09 PM Ignore Colts13 Report Abuse ok
Focus2 Champion Author Illinois Posts:6,728 Points:1,705,575 Joined:Mar 2006	Message Posted: Feb 8, 2012 11:14:38 PM Ignore Focus2 Report Abuse We are now paying the highest price ever for gasoline in winter made from cheaper blends.
Blue_Cruzer Champion Author Lexington Posts:5,697 Points:1,309,505 Joined:Mar 2007	Message Posted: Feb 8, 2012 11:13:33 PM Ignore Blue_Cruzer Report Abuse Pump prices around here are like a roller coaster ride.
kzza100 Champion Author New Jersey Posts:1,192 Points:237,095 Joined:Sep 2011	Message Posted: Feb 8, 2012 11:12:48 PM Ignore kzza100 Report Abuse ok
chuckwthompson Champion Author Charlotte Posts:1,890 Points:217,535 Joined:Sep 2011	Message Posted: Feb 8, 2012 11:10:35 PM Ignore chuckwthompson Report Abuse So they can charge more money now?
jem069 All-Star Author Detroit Posts:687 Points:327,020 Joined:Jan 2011	Message Posted: Feb 8, 2012 11:08:22 PM Ignore jem069 Report Abuse ok
rxman1 Champion Author Toledo Posts:7,590 Points:1,502,645 Joined:Nov 2007	Message Posted: Feb 8, 2012 11:07:36 PM Ignore rxman1 Report Abuse It looks like the refiners have reduced the supply to the demand. (lower supplies this year than last)
CarolinaBlue150 Champion Author North Carolina Posts:1,335 Points:263,800 Joined:Aug 2011	Message Posted: Feb 8, 2012 11:03:30 PM Ignore CarolinaBlue150 Report Abuse Okay.
Petrothirst Champion Author Los Angeles Posts:2,202 Points:402,110 Joined:Nov 2005	Message Posted: Feb 8, 2012 11:03:27 PM Ignore Petrothirst Report Abuse Gas prices are still rising because oil producers want it to rist. I refer to it as greed. Prices here have gone up 14¢/gal in one week.