Jkent1953
Champion Author
Salt Lake City
Posts:1,976
Points:438,010
Joined:Dec 2011
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Message Posted: Jan 7, 2013 12:27:13 PM
It appears they are storing it up while it is cheap so they can sell it when the price goes up.
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mabrams184
Champion Author
Lexington
Posts:2,085
Points:530,055
Joined:Aug 2011
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Message Posted: Jan 3, 2013 9:37:30 PM
What happen to supply and demand?
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Dennisjk
Champion Author
Detroit
Posts:6,466
Points:1,921,450
Joined:Apr 2006
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Message Posted: Jan 1, 2013 7:42:38 PM
It's not keeping the prices from rising.
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joanne_abrahams
Rookie Author
New York
Posts:73
Points:7,565
Joined:Aug 2012
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Message Posted: Dec 31, 2012 11:10:24 AM
Happy New Year
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mst150
Champion Author
Detroit
Posts:1,214
Points:155,855
Joined:Dec 2012
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Message Posted: Dec 29, 2012 8:12:36 PM
Ok
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otherdave
Champion Author
Indiana
Posts:3,378
Points:1,266,235
Joined:Oct 2008
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Message Posted: Dec 29, 2012 6:53:59 AM
And prices rise.
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kobes1
Champion Author
Florida
Posts:2,477
Points:554,685
Joined:Aug 2011
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Message Posted: Dec 29, 2012 6:03:04 AM
Greed is everywhere
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Jamer
Champion Author
Las Vegas
Posts:8,744
Points:1,633,335
Joined:Jul 2002
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Message Posted: Dec 29, 2012 6:02:35 AM
GREED, GREED, and more GREED.
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scottydoesnt
Champion Author
Chicago
Posts:3,767
Points:527,445
Joined:Apr 2011
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Message Posted: Dec 29, 2012 6:01:38 AM
Apparently none of this matters, since gas is on the rise.
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fillerupyeoww
Champion Author
Columbus
Posts:5,864
Points:1,646,515
Joined:Mar 2008
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Message Posted: Dec 29, 2012 6:00:36 AM
None of this really means much at the pump.
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DrivingFool2
Champion Author
Appleton
Posts:8,572
Points:1,602,190
Joined:Apr 2005
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Message Posted: Dec 29, 2012 5:57:24 AM
Greed.
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SteveMartin
Champion Author
New Orleans
Posts:4,413
Points:882,490
Joined:May 2008
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Message Posted: Dec 29, 2012 5:55:15 AM
So does this mean gas prices will rise?
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us412
Champion Author
Arkansas
Posts:22,801
Points:2,414,305
Joined:Apr 2006
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Message Posted: Dec 29, 2012 5:48:54 AM
Fuel surplus increases along with price. WOW! But not in a good way.
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epf
Champion Author
Grand Rapids
Posts:6,319
Points:1,888,430
Joined:May 2004
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Message Posted: Dec 29, 2012 5:46:17 AM
All this is so mind boggling
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Beau2140
Champion Author
New York
Posts:8,281
Points:1,654,235
Joined:Oct 2008
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Message Posted: Dec 29, 2012 5:45:55 AM
Prices should be steady or going down. Here there is an increase in prices. Greed.........
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BEngr
Champion Author
Illinois
Posts:6,696
Points:1,576,940
Joined:May 2008
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Message Posted: Dec 29, 2012 5:43:28 AM
Thanks for the update. While there is a lot of good news, I am confused why we import and export the same product. It has to be because the refineries can made more money instead of putting the product into inventory.
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stpetebp
Champion Author
Tampa
Posts:6,206
Points:1,729,655
Joined:Nov 2007
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Message Posted: Dec 29, 2012 5:43:15 AM
Speculation mixed with nothing but greed
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bassakwards007
Champion Author
Orange County
Posts:1,117
Points:241,295
Joined:Aug 2012
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Message Posted: Dec 29, 2012 5:42:03 AM
greed
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twt
Champion Author
Virginia Beach
Posts:8,708
Points:995,460
Joined:Mar 2005
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Message Posted: Dec 29, 2012 5:40:01 AM
Just another example of our "Government" choking us, for another dollar.
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BigDogOH
Champion Author
Cincinnati
Posts:8,488
Points:1,804,895
Joined:Mar 2008
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Message Posted: Dec 29, 2012 5:24:48 AM
Just wait till new fed gas tax after 1st of year!
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pfone1847
Champion Author
Illinois
Posts:3,171
Points:620,655
Joined:Oct 2010
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Message Posted: Dec 29, 2012 5:22:11 AM
Why are the prices at the pumps going up then?
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Bill100
Champion Author
Grand Rapids
Posts:41,458
Points:1,158,845
Joined:Jan 2010
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Message Posted: Dec 29, 2012 5:19:32 AM
Rising inventories should drive prices down.
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FMREALTOR
Champion Author
Florida
Posts:6,390
Points:1,694,080
Joined:Jan 2007
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Message Posted: Dec 29, 2012 5:17:06 AM
Gasoline prices are rising sharply
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no_monkey2002
Champion Author
Tallahassee
Posts:8,405
Points:2,068,250
Joined:Mar 2006
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Message Posted: Dec 29, 2012 5:15:51 AM
energy information administration what good are you to the people..just a waste of time..another government job that we do not need
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roadrunnerMO
Champion Author
Kansas
Posts:8,391
Points:1,696,540
Joined:Jul 2008
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Message Posted: Dec 29, 2012 5:13:15 AM
A department of government that is a total waste of taxpayer dollars.
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ricebike
Champion Author
New Jersey
Posts:10,016
Points:1,852,940
Joined:Oct 2005
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Message Posted: Dec 29, 2012 5:12:57 AM
so does this means the prices will go DOWN?
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fratt
Champion Author
Grand Rapids
Posts:9,810
Points:2,642,005
Joined:Jul 2005
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Message Posted: Dec 29, 2012 5:06:43 AM
Playing games.
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DutchTreatMI
Champion Author
Grand Rapids
Posts:3,295
Points:748,765
Joined:Mar 2011
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Message Posted: Dec 29, 2012 5:04:49 AM
So gas prices should be coming down some again as we always have the big price jumps anytime prices go up.
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DutchTreatMI
Champion Author
Grand Rapids
Posts:3,295
Points:748,765
Joined:Mar 2011
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Message Posted: Dec 29, 2012 5:04:47 AM
So gas prices should be coming down some again as we always have the big price jumps anytime prices go up.
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singlemom27
Champion Author
Ventura
Posts:3,093
Points:636,185
Joined:Apr 2011
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Message Posted: Dec 29, 2012 5:04:16 AM
Which should signal price reductions...but it won't!
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SteelPenny
Champion Author
Dallas
Posts:30,921
Points:2,604,565
Joined:Sep 2005
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Message Posted: Dec 29, 2012 5:01:18 AM
Nobody can afford gasoline and even less affordable Jan 1 when Zero'BOY's taxes go up.
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chuckwthompson
Champion Author
Charlotte
Posts:3,740
Points:574,260
Joined:Sep 2011
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Message Posted: Dec 29, 2012 4:59:09 AM
Tomok squarely hit the nail on the head!
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mrjames1818
Champion Author
New Jersey
Posts:1,530
Points:1,995,170
Joined:Mar 2004
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Message Posted: Dec 29, 2012 4:50:32 AM
Gas Thirsty - Ditto
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vulcan96
Champion Author
Ohio
Posts:26,879
Points:3,100,750
Joined:Aug 2004
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Message Posted: Dec 29, 2012 4:49:36 AM
blah, blah, and more hot air
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Cableman66
Champion Author
North Carolina
Posts:2,100
Points:487,995
Joined:May 2011
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Message Posted: Dec 29, 2012 4:49:22 AM
Old news.
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danny999
Champion Author
Florida
Posts:8,708
Points:1,636,135
Joined:Oct 2008
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Message Posted: Dec 29, 2012 4:42:21 AM
Inventories up and so is Comex.Now 2.80/gal.That's pushing pump prices towards the 3.40-3.45 mark in Florida.
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bart_reed
Champion Author
Los Angeles
Posts:3,959
Points:782,705
Joined:Mar 2011
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Message Posted: Dec 29, 2012 4:37:26 AM
This doesn't touch the retail price.
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twobroke61
Champion Author
Michigan
Posts:8,365
Points:1,586,035
Joined:Sep 2008
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Message Posted: Dec 29, 2012 4:37:07 AM
good report keep it up
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tomok
Champion Author
Portland
Posts:32,931
Points:2,342,585
Joined:Aug 2006
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Message Posted: Dec 29, 2012 4:36:20 AM
DOE reports gasoline inventories increase while refinery utilization slips, lower refinery output to start driving the price of fuel up at the pump again?
Crude oil inventories decreased, Gasoline inventories increased, Distillate inventories increased, Refinery utilization decreased 1.2% from last week numbers, Total US oil stocks are up 5.7% over last year but there are still high fuel prices at the pump. The fuel prices at the pump should be lower to help the economy recover more!
Big Oil and Big Gas sells fuel and natural gas on the world market for higher prices to othwer countries. 'Coming out of the closet' Sneeky's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the jobs are Not here. Sneeky's economy is not improving but continues to hurt the population and the job numbers continue to be down!
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 personal greedy benefit.
More Refineries are Not the answer, Stop exporting fuel is!
The price at the pump needs to go down to $2/gallon - *$3, *$3.50/gallon or *$4.00 is Not the new low!
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII! - The Day After......
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RockCity
Champion Author
Denver
Posts:7,895
Points:1,424,185
Joined:Mar 2009
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Message Posted: Dec 29, 2012 4:29:14 AM
Very good report. Keep up the good work, perhaps.
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wegman
Champion Author
Twin Cities
Posts:7,794
Points:2,085,665
Joined:Jun 2001
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Message Posted: Dec 29, 2012 4:28:29 AM
Obamanomics = decreased demand because there will NOT be a recovery.
Election Day 2012 will teach painful lessons over the next four years.
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Foxt
Champion Author
Minnesota
Posts:5,245
Points:2,017,405
Joined:Jul 2006
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Message Posted: Dec 29, 2012 4:25:37 AM
Common this time of year.
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Double_Golden
Champion Author
San Francisco
Posts:2,545
Points:602,460
Joined:Aug 2011
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Message Posted: Dec 29, 2012 4:22:18 AM
ok...
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prorodeo2012
All-Star Author
Bakersfield
Posts:528
Points:180,845
Joined:Sep 2012
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Message Posted: Dec 29, 2012 4:07:46 AM
Odd
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bobdec
Champion Author
Miami
Posts:8,949
Points:1,766,795
Joined:May 2008
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Message Posted: Dec 29, 2012 4:02:32 AM
Not helping prices any
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tco9436
Champion Author
Connecticut
Posts:1,772
Points:719,925
Joined:Mar 2010
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Message Posted: Dec 29, 2012 4:00:44 AM
ok
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skanytank
Champion Author
Kentucky
Posts:1,231
Points:556,200
Joined:Feb 2011
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Message Posted: Dec 29, 2012 4:00:23 AM
Yeah, like that's gonna help prices any...just saying...
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12mpgnavigator
Champion Author
Seattle
Posts:2,759
Points:648,660
Joined:Jun 2009
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Message Posted: Dec 29, 2012 3:57:29 AM
Happy Holidays everyone!
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LanguageMan1
Champion Author
Tampa
Posts:11,707
Points:1,658,865
Joined:Apr 2008
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Message Posted: Dec 29, 2012 3:55:39 AM
Prices are still too high and will remain so.
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D4444J
Champion Author
Albuquerque
Posts:1,823
Points:585,955
Joined:Aug 2011
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Message Posted: Dec 29, 2012 3:55:20 AM
Keep on dropping
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