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PD Moderator	Message Posted: Nov 3, 2010 10:22:29 AM Ignore PD Report Abuse The Department of Energy released its weekly report on the condition of petroleum inventories in the United States today. Here are some highlights: Crude oil inventories increased by 2.0 million barrels to a total of 368.2 million barrels. At 368.2 million barrels, inventories are 32.2 million barrels above last year (9.6%) and remain above average. Supply at NYMEX delivery point, Cushing, Oklahoma decreased 0.2 million barrels to 33.5 million barrels this week. Gasoline inventories decreased 2.7 million barrels to 212.3 million barrels. At 212.3 million barrels, inventories are now 4.0 million barrels, or 1.9% higher than last year (last week that number was 3.1% higher). Decreases were seen in nearly every... Visit GasBuddy Blog for full article

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Message Posted: Nov 3, 2010 10:22:29 AM

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The Department of Energy released its weekly report on the condition of petroleum inventories in the United States today.

Here are some highlights:

Crude oil inventories increased by 2.0 million barrels to a total of 368.2 million barrels. At 368.2 million barrels, inventories are 32.2 million barrels above last year (9.6%) and remain above average. Supply at NYMEX delivery point, Cushing, Oklahoma decreased 0.2 million barrels to 33.5 million barrels this week.

Gasoline inventories decreased 2.7 million barrels to 212.3 million barrels. At 212.3 million barrels, inventories are now 4.0 million barrels, or 1.9% higher than last year (last week that number was 3.1% higher). Decreases were seen in nearly every...

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tomok Champion Author Portland Posts:33,090 Points:2,348,435 Joined:Aug 2006	Message Posted: Nov 4, 2010 6:02:01 PM Ignore tomok Report Abuse And the price at the pump is still too high.
djdon917 All-Star Author New Jersey Posts:848 Points:58,235 Joined:Oct 2007	Message Posted: Nov 4, 2010 12:20:23 PM Ignore djdon917 Report Abuse This DONT MEAN CRAP AT all OPEC has FULL 100% control of Gas ANd OIL
remay Champion Author Houston Posts:6,983 Points:2,120,540 Joined:May 2006	Message Posted: Nov 4, 2010 9:31:04 AM Ignore remay Report Abuse Show a chart instead of numbers...
lpatti1 Champion Author Philadelphia Posts:10,216 Points:1,966,185 Joined:Sep 2005	Message Posted: Nov 4, 2010 6:23:13 AM Ignore lpatti1 Report Abuse They are useless as are all government figures
packards42 Champion Author Washington Posts:6,452 Points:1,130,340 Joined:Feb 2005	Message Posted: Nov 4, 2010 4:43:16 AM Ignore packards42 Report Abuse We sure consume a lot of fuel to prevent air pollution (EPA rules or high mileage European cars)
52MPG Champion Author Dayton Posts:7,277 Points:1,744,630 Joined:Apr 2006	Message Posted: Nov 4, 2010 4:13:36 AM Ignore 52MPG Report Abuse Supply is up and so are prices. Not an economic reality.
twobroke61 Champion Author Michigan Posts:8,395 Points:1,592,185 Joined:Sep 2008	Message Posted: Nov 4, 2010 4:06:16 AM Ignore twobroke61 Report Abuse who cares about the inventories we care about the price that continues too climb they just make that much more on what is in there inventories as the price climbs
AuburnTim Champion Author Indiana Posts:6,828 Points:1,559,190 Joined:May 2005	Message Posted: Nov 4, 2010 4:03:15 AM Ignore AuburnTim Report Abuse useless report and to think someone got paid for this
HA4CNN Champion Author Toronto Posts:5,639 Points:1,546,415 Joined:Dec 2006	Message Posted: Nov 4, 2010 3:51:58 AM Ignore HA4CNN Report Abuse What a jaded report.
1fulltank Champion Author Buffalo Posts:7,918 Points:1,547,235 Joined:Nov 2008	Message Posted: Nov 4, 2010 3:51:43 AM Ignore 1fulltank Report Abuse Blather.
billy44bo Champion Author Mobile Posts:7,222 Points:1,493,795 Joined:Feb 2008	Message Posted: Nov 4, 2010 3:48:30 AM Ignore billy44bo Report Abuse but the price of oil is up again who would have tunk it
jimgraham Champion Author Akron Posts:10,387 Points:1,982,885 Joined:Oct 2007	Message Posted: Nov 4, 2010 3:47:01 AM Ignore jimgraham Report Abuse If they brought them out every day, they would still be wrong.
DrivingFool2 Champion Author Appleton Posts:8,602 Points:1,608,790 Joined:Apr 2005	Message Posted: Nov 4, 2010 3:43:23 AM Ignore DrivingFool2 Report Abuse Yada, yada, yada
hybridaholic Champion Author Appleton Posts:8,380 Points:1,559,490 Joined:Dec 2008	Message Posted: Nov 4, 2010 3:37:23 AM Ignore hybridaholic Report Abuse Here we go again.
EcoVore Champion Author Los Angeles Posts:3,538 Points:728,775 Joined:Jun 2008	Message Posted: Nov 4, 2010 3:25:15 AM Ignore EcoVore Report Abuse Business as usual in a recession.
bobdec Champion Author Miami Posts:8,979 Points:1,772,745 Joined:May 2008	Message Posted: Nov 4, 2010 3:24:01 AM Ignore bobdec Report Abuse Why bother with these DOE figures each week they are useless as are all government figures
findcheap Champion Author Los Angeles Posts:9,612 Points:2,012,800 Joined:Apr 2007	Message Posted: Nov 4, 2010 3:19:18 AM Ignore findcheap Report Abuse ok
rippertoo Champion Author Tacoma Posts:5,770 Points:1,144,760 Joined:Jan 2010	Message Posted: Nov 4, 2010 3:18:49 AM Ignore rippertoo Report Abuse Ho Hum.
georgeo Champion Author California Posts:4,172 Points:179,115 Joined:May 2009	Message Posted: Nov 4, 2010 3:15:53 AM Ignore georgeo Report Abuse The inventories keep climbing and the prices keep climbing. Sooner or later the market cannot support this contradiction.
comprof Champion Author Houston Posts:6,875 Points:1,359,675 Joined:Jul 2009	Message Posted: Nov 4, 2010 3:14:58 AM Ignore comprof Report Abuse Up - Down - meaningless.
BIGHEAD6421 Veteran Author Texas Posts:295 Points:67,395 Joined:Aug 2010	Message Posted: Nov 4, 2010 3:09:59 AM Ignore BIGHEAD6421 Report Abuse LIES!!!
BobD2009 Champion Author Long Island Posts:7,004 Points:1,242,710 Joined:Apr 2009	Message Posted: Nov 4, 2010 3:09:27 AM Ignore BobD2009 Report Abuse Our tax dollars at work.
REVLAW Champion Author San Antonio Posts:10,451 Points:2,010,170 Joined:Jul 2007	Message Posted: Nov 4, 2010 3:04:43 AM Ignore REVLAW Report Abuse Well the crude oil inventory overage % matches our unemployment rate.
lgwhitlock Champion Author Chico Posts:7,400 Points:1,688,420 Joined:Jun 2008	Message Posted: Nov 4, 2010 3:00:00 AM Ignore lgwhitlock Report Abuse The latest government sponsored speculation report...
kingofcode Champion Author Florida Posts:1,723 Points:473,965 Joined:Jun 2010	Message Posted: Nov 4, 2010 2:58:02 AM Ignore kingofcode Report Abuse Good Information Thanks
Powerstroke73L Champion Author Sacramento Posts:2,816 Points:731,150 Joined:Jul 2008	Message Posted: Nov 4, 2010 2:53:18 AM Ignore Powerstroke73L Report Abuse Gasoline inventories decreased because they keep turning the outputs of our few remaining refineries, lower and lower to try to control the prices at the pump.
jackson661 Champion Author Columbus Posts:3,774 Points:1,479,660 Joined:May 2006	Message Posted: Nov 4, 2010 2:51:32 AM Ignore jackson661 Report Abuse Refinery utilization dropped to 83.7% can we live with that.
96sc1 Champion Author El Paso Posts:8,517 Points:1,367,440 Joined:Mar 2008	Message Posted: Nov 4, 2010 2:48:29 AM Ignore 96sc1 Report Abuse Pfft!
hubcapLA Champion Author Louisiana Posts:3,905 Points:940,435 Joined:Apr 2009	Message Posted: Nov 4, 2010 2:43:02 AM Ignore hubcapLA Report Abuse This report is useless.
OnTheWater Champion Author Orange County Posts:2,123 Points:623,130 Joined:Nov 2009	Message Posted: Nov 4, 2010 2:22:57 AM Ignore OnTheWater Report Abuse Same old BS DOE report!!!! Every week it does nothing but harm us and raises prices!!!!! Crude shot up today to almost $85 what a crock!!!!!!!!!!!!!!!!
Geo4564 Champion Author Nevada Posts:6,932 Points:1,571,770 Joined:Aug 2007	Message Posted: Nov 4, 2010 2:13:16 AM Ignore Geo4564 Report Abuse raise prices...
nurdco Champion Author Colorado Springs Posts:9,251 Points:1,697,335 Joined:Apr 2008	Message Posted: Nov 4, 2010 2:09:44 AM Ignore nurdco Report Abuse Worthless bunk... for a Consumer
Grismer Champion Author Kitchener-Waterloo Posts:8,549 Points:1,726,970 Joined:Apr 2008	Message Posted: Nov 4, 2010 2:04:44 AM Ignore Grismer Report Abuse Whatever the statistics, these numbers never seem to give the average consumer a break at the gas pump. The only use appears to be for market speculators.
danreino Champion Author Twin Cities Posts:8,368 Points:1,543,655 Joined:Mar 2008	Message Posted: Nov 4, 2010 1:59:33 AM Ignore danreino Report Abuse Worthless as %*%@ on a wild Alabama boar.
UseLessGasFolks Champion Author Iowa Posts:5,461 Points:1,298,775 Joined:Jul 2007	Message Posted: Nov 4, 2010 1:56:56 AM Ignore UseLessGasFolks Report Abuse Shot up over 20 cents here in the last 2 days.
vulcan96 Champion Author Ohio Posts:26,940 Points:3,106,600 Joined:Aug 2004	Message Posted: Nov 4, 2010 1:50:01 AM Ignore vulcan96 Report Abuse another total waste and trouble making agency that needs to go bye bye...
Pozole Champion Author Portland Posts:9,614 Points:1,597,445 Joined:Mar 2005	Message Posted: Nov 4, 2010 1:45:47 AM Ignore Pozole Report Abuse ...they'll charge whatever they can get away with no matter what stockpiles are...
gougenator Champion Author Dallas Posts:29,878 Points:3,247,850 Joined:Aug 2003	Message Posted: Nov 4, 2010 1:37:27 AM Ignore gougenator Report Abuse Maybe with the changes in Washington they will do away with the ethanol requireent. LMFAOLMFAOLMFAOLMFAOLMFAOLMFAOLMFAOLMFAOLMFAOLMFAOLMFAOLMFAOLMFAOLMFAO!!!!
Jeff4U Champion Author Atlanta Posts:8,772 Points:1,855,295 Joined:Nov 2004	Message Posted: Nov 4, 2010 1:24:54 AM Ignore Jeff4U Report Abuse Price gouging is universal in my area. Every station went up by 10¢ overnight EVEN THOUGH the average National price per gallon didn't go up at all.
tobin2010 Champion Author Topeka Posts:10,560 Points:1,164,430 Joined:Mar 2010	Message Posted: Nov 4, 2010 1:18:17 AM Ignore tobin2010 Report Abuse Gasoline inventories decreased. Looks like higher prices coming soon!
Bruno44 Champion Author Texas Posts:7,090 Points:1,771,120 Joined:Sep 2007	Message Posted: Nov 4, 2010 1:17:56 AM Ignore Bruno44 Report Abuse Send the doe etc to the South Pole, and let supply and demand set the prices for a change.
Prodaddy Champion Author Houston Posts:8,395 Points:1,898,110 Joined:May 2007	Message Posted: Nov 4, 2010 1:13:16 AM Ignore Prodaddy Report Abuse Seems like a good surplus
NavyStore Champion Author Seattle Posts:3,860 Points:2,078,870 Joined:Aug 2005	Message Posted: Nov 4, 2010 1:12:46 AM Ignore NavyStore Report Abuse Up & down, Up & down, Up & down... when will it end?
zee10 Veteran Author California Posts:362 Points:47,200 Joined:Mar 2010	Message Posted: Nov 4, 2010 1:12:33 AM Ignore zee10 Report Abuse Yah oil cost money.
greenfog Champion Author Illinois Posts:6,505 Points:1,641,945 Joined:Feb 2008	Message Posted: Nov 4, 2010 1:08:59 AM Ignore greenfog Report Abuse they can say whatever they want. gas just shot up to $2.97 a gallon here.
saveongasNC Champion Author North Carolina Posts:4,407 Points:1,094,015 Joined:Aug 2008	Message Posted: Nov 4, 2010 1:00:39 AM Ignore saveongasNC Report Abuse The reason we all we going for early voting! LOL
PetroScopper Champion Author Houston Posts:6,637 Points:1,552,900 Joined:Aug 2008	Message Posted: Nov 4, 2010 1:00:13 AM Ignore PetroScopper Report Abuse I still don't know how this country is using so much oil with so many people sitting at home out of work.
Z51Corvette Champion Author Austin Posts:8,501 Points:1,674,095 Joined:Jan 2008	Message Posted: Nov 4, 2010 12:59:22 AM Ignore Z51Corvette Report Abuse Don't you mean Low lights!
to17dd Rookie Author San Diego Posts:49 Points:461,815 Joined:Jun 2009	Message Posted: Nov 4, 2010 12:57:15 AM Ignore to17dd Report Abuse Here I thought the price of gas went up because the hurricane season officially ended.
250FORD Champion Author Minnesota Posts:8,332 Points:1,305,970 Joined:Feb 2007	Message Posted: Nov 4, 2010 12:52:54 AM Ignore 250FORD Report Abuse Supplies are still higher than last year and prices are still going up.