Not Logged In Log In   Sign Up   Points Leaders
Follow Us    8:13 PM

GasBuddy News Article

41
votes
Refineries slowing production, likely starting maintenance season

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 2.8 million barrels to a total of 363.1 million barrels. At 363.1 million barrels, inventories are 28.3 million barrels above last year (8.5%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 1.7 million barrels to 233.3 million barrels. At 233.3 million barrels, inventories are up 6.1 million barrels, or 2.7% higher than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (+0.4mb); Midwest...


Read the Full Article

Submitted Jan 24, 2013 By: PD
Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: Refineries slowing production, likely starting maintenance season Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
KAR120CSII
Champion Author Oregon

Posts:4,660
Points:882,790
Joined:Apr 2010
Message Posted: Feb 3, 2013 4:53:36 PM

States and Feds better make sure they are doing maintenance. Big oil colludes so much -- why can't they 'agree' to stagger maintenance and not use it to push up up prices?
Profile Pic
WanderDan
All-Star Author Dayton

Posts:670
Points:325,235
Joined:Nov 2012
Message Posted: Feb 3, 2013 4:13:41 PM

gotta love big oil... always making ways to make more profits. maybe the tea party wants us to give them more subsidies....
Profile Pic
honda0105
Champion Author Tallahassee

Posts:21,418
Points:1,939,065
Joined:Nov 2008
Message Posted: Jan 30, 2013 5:47:38 AM

Lakepirate: not for Pig Oil... they DO need to shut some stuff down to maintenance, but their timing is always a bit suspect.
Profile Pic
Lakepirate13
Veteran Author New York

Posts:316
Points:47,250
Joined:Jan 2013
Message Posted: Jan 29, 2013 2:13:42 PM

Maintenance should be an ongoing process.
Profile Pic
honda0105
Champion Author Tallahassee

Posts:21,418
Points:1,939,065
Joined:Nov 2008
Message Posted: Jan 29, 2013 5:55:58 AM

Toon: indeed.
Profile Pic
KAR120CSII
Champion Author Oregon

Posts:4,660
Points:882,790
Joined:Apr 2010
Message Posted: Jan 28, 2013 8:19:55 PM

Now I know -- I used to ride in one when I was growing up in Kansas.
Profile Pic
KAR120CSII
Champion Author Oregon

Posts:4,660
Points:882,790
Joined:Apr 2010
Message Posted: Jan 28, 2013 8:13:44 PM

Agree with Toonces -- love the jackwagon reference. Gotta google it.
Profile Pic
Toonces2013
Veteran Author Illinois

Posts:489
Points:25,870
Joined:Jan 2013
Message Posted: Jan 28, 2013 5:12:16 PM

Just yet another BS excuse for the oil company jackwagons to raise gas prices. Their excuses get lamer day after day.
Profile Pic
honda0105
Champion Author Tallahassee

Posts:21,418
Points:1,939,065
Joined:Nov 2008
Message Posted: Jan 28, 2013 5:49:20 AM

bicycler: you've got that right.
Profile Pic
KAR120CSII
Champion Author Oregon

Posts:4,660
Points:882,790
Joined:Apr 2010
Message Posted: Jan 26, 2013 1:43:20 AM

It's all the refineries fault -- how about President Carter -- he started this whole thing. Or was it Rutherford Hayes?
Profile Pic
bicycler
Champion Author Ontario

Posts:14,815
Points:2,598,445
Joined:May 2005
Message Posted: Jan 25, 2013 1:39:17 PM

`Repairing the unbroken season` has started early so the `oilbarons` can make more money on higher fuel prices.
Profile Pic
CIWS
Champion Author London

Posts:2,796
Points:795,570
Joined:Feb 2011
Message Posted: Jan 25, 2013 12:52:44 PM

all bs
Profile Pic
bbthegun
Champion Author San Diego

Posts:6,864
Points:1,972,585
Joined:Sep 2006
Message Posted: Jan 25, 2013 12:45:49 PM

Oh goodie...
Profile Pic
Cheepo
Champion Author Tampa

Posts:11,495
Points:3,449,350
Joined:Apr 2003
Message Posted: Jan 25, 2013 11:44:54 AM

Drill baby drill and build more refineries!!!!!!!!!
Profile Pic
tomok
Champion Author Portland

Posts:39,877
Points:2,674,710
Joined:Aug 2006
Message Posted: Jan 25, 2013 11:40:10 AM

Refineries slowing production, likely starting maintenance season and raising fuel prices at the pump. The Refineries will continue to produce fuel when they are 'shut down,' on a maintenance and/or upgrade or for any number of other reasons.
Crude oil inventories increased, Gasoline inventories decreased, Distillate inventories increased, Refinery utilization decreased 3.3% from last week numbers, Total US oil stocks are up 5.1% 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!
Big Oil and Big Gas sells fuel and natural gas on the world market for higher prices to other 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!
No Thanks to the Mindless Pinhead Sheep that voted this bozo back in office.
The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! The price at the pump needs to go down to $2/gallon - *$3, *$3.50/gallon or *$4.00 is Not the new low!
More Refineries are Not the answer, Stop exporting fuel is! Take care of the domestic fuel market first, above all else!
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......
Profile Pic
Cellsite
Champion Author Appleton

Posts:2,586
Points:557,610
Joined:Jun 2012
Message Posted: Jan 25, 2013 11:37:54 AM

UP up and away
Profile Pic
DanMtz
Champion Author Oakland

Posts:5,007
Points:1,572,665
Joined:Oct 2009
Message Posted: Jan 25, 2013 11:17:18 AM

It's the beginning of collusion season.
Profile Pic
Rajah
Champion Author Illinois

Posts:8,564
Points:2,577,220
Joined:Jul 2005
Message Posted: Jan 25, 2013 11:14:53 AM

Par for the course.
Profile Pic
AnObserver
Champion Author New Jersey

Posts:9,872
Points:2,560,315
Joined:Sep 2005
Message Posted: Jan 25, 2013 11:13:09 AM

Inventories up ... time to do maintenance
Profile Pic
paulweb
Champion Author Ohio

Posts:2,210
Points:640,920
Joined:May 2011
Message Posted: Jan 25, 2013 11:10:06 AM

To infinity, and beyond!
Profile Pic
TRAIN RIDER
Champion Author San Bernardino

Posts:10,709
Points:3,082,840
Joined:Oct 2004
Message Posted: Jan 25, 2013 11:05:59 AM

They do this to get the prices higher.
Profile Pic
dollarwatcher
Champion Author Wisconsin

Posts:9,237
Points:1,802,285
Joined:Mar 2007
Message Posted: Jan 25, 2013 11:05:47 AM

Here we go again, every year at this time.
Profile Pic
kishoreCA
Champion Author Ventura

Posts:5,252
Points:712,220
Joined:Mar 2012
Message Posted: Jan 25, 2013 11:04:45 AM

better do maintenance than letting it blow up one day.
Profile Pic
radiorumor
Champion Author Texas

Posts:4,412
Points:1,080,485
Joined:Feb 2011
Message Posted: Jan 25, 2013 11:03:42 AM

And when they get through with this they will have to change over to summer blend so prices will go up again. It also went up because they had to change over to winter blend. I think both makes my motor burn gas faster both times.
Profile Pic
q2
Champion Author Alberta

Posts:3,687
Points:704,565
Joined:Nov 2008
Message Posted: Jan 25, 2013 11:03:00 AM

old news
Profile Pic
dbecks44
Champion Author Michigan

Posts:2,887
Points:754,805
Joined:Jan 2012
Message Posted: Jan 25, 2013 11:02:30 AM

Goody.
Profile Pic
vwilsonskis
Champion Author New Jersey

Posts:2,328
Points:560,710
Joined:May 2011
Message Posted: Jan 25, 2013 11:00:33 AM

low demand lower production= keeping prices up
Profile Pic
vlaz55
Veteran Author London

Posts:453
Points:1,085,535
Joined:May 2004
Message Posted: Jan 25, 2013 11:00:15 AM

Any excuse to push up the price of gasoline
Profile Pic
mikesr100
Champion Author Sacramento

Posts:5,552
Points:1,409,915
Joined:Apr 2008
Message Posted: Jan 25, 2013 11:00:14 AM

EPA needs to allow more refineries to be built!
Profile Pic
Topshopper2011
Champion Author New Jersey

Posts:1,762
Points:436,310
Joined:Aug 2011
Message Posted: Jan 25, 2013 10:59:41 AM

bogus greed
Profile Pic
8ballnd
Champion Author North Dakota

Posts:2,911
Points:418,020
Joined:Feb 2008
Message Posted: Jan 25, 2013 10:58:30 AM

if one refinery shut down for al few days can drive up gas prices then we dont have enough refineries build more in the upper states
Profile Pic
NickoliMB
Champion Author Manitoba

Posts:4,129
Points:790,545
Joined:Dec 2011
Message Posted: Jan 25, 2013 10:56:55 AM

Any stats to juustify increasing prices..This is a lose lose situation dealing with corporations.
Profile Pic
geezrtek
Champion Author Michigan

Posts:3,559
Points:644,070
Joined:Apr 2011
Message Posted: Jan 25, 2013 10:56:30 AM

Bad Old News
Profile Pic
RandyK9
Champion Author London

Posts:3,417
Points:1,040,210
Joined:Jul 2006
Message Posted: Jan 25, 2013 10:56:27 AM

Is it a move to up the Price again !!!
Profile Pic
biggyhy
Champion Author Milwaukee

Posts:2,937
Points:770,265
Joined:Sep 2011
Message Posted: Jan 25, 2013 10:55:48 AM

Only a way to raise prices
Profile Pic
labombaOH
Veteran Author Ohio

Posts:449
Points:134,550
Joined:Nov 2007
Message Posted: Jan 25, 2013 10:55:42 AM

And in the spring and summer.................it's always a refinery fire.....at least they didn't git r guns...We are all sheep
Profile Pic
danreino
Champion Author Twin Cities

Posts:9,640
Points:1,786,830
Joined:Mar 2008
Message Posted: Jan 25, 2013 10:55:32 AM

Bullschl____
Profile Pic
dlzastera
Champion Author Minnesota

Posts:6,106
Points:1,342,945
Joined:Mar 2006
Message Posted: Jan 25, 2013 10:53:03 AM

Not good to hear.
Profile Pic
AriesMMD
Champion Author Sacramento

Posts:2,455
Points:697,875
Joined:Dec 2011
Message Posted: Jan 25, 2013 10:52:47 AM

Anything to cause prices to go up
Profile Pic
Ticoman54
Champion Author Miami

Posts:8,017
Points:1,740,100
Joined:Oct 2008
Message Posted: Jan 25, 2013 10:51:52 AM

With extraordinary surplus of crude and gasoline inventories, the industry finds ways to maintain outrageous price levels and they are getting ready to do it again. With slower production at refineries, expect prices to increase.
Profile Pic
paulweb
Champion Author Ohio

Posts:2,210
Points:640,920
Joined:May 2011
Message Posted: Jan 25, 2013 10:50:07 AM

Y'all should be used to this pattern by now.
Profile Pic
slvrdo_dsprdo
Champion Author Nashville

Posts:5,720
Points:1,104,785
Joined:Jul 2008
Message Posted: Jan 25, 2013 10:50:03 AM

You'd think they could come up with a plan so they don't all have to do it at once, like a group of singers that breathe at different times.
Profile Pic
zimowski
Champion Author San Jose

Posts:8,305
Points:1,912,990
Joined:Nov 2007
Message Posted: Jan 25, 2013 10:49:51 AM

Gas prices starting to rise here locally.
Profile Pic
briinnc
Champion Author North Carolina

Posts:2,705
Points:834,820
Joined:Jan 2010
Message Posted: Jan 25, 2013 10:49:43 AM

More manipulation
Profile Pic
jcallaw
Champion Author Houston

Posts:2,252
Points:562,880
Joined:May 2012
Message Posted: Jan 25, 2013 10:49:40 AM

ok
Profile Pic
lightbulbman2008
Champion Author Worcester

Posts:432,755
Points:1,900,710
Joined:Oct 2008
Message Posted: Jan 25, 2013 10:48:18 AM

more excuses to raise prices...
Profile Pic
driveonby1
Champion Author Toledo

Posts:2,061
Points:389,045
Joined:Jun 2007
Message Posted: Jan 25, 2013 10:46:53 AM

Is this any part of the reason that prices are shooting up in the Midwest?
Profile Pic
knutzAL
Champion Author Alabama

Posts:2,248
Points:373,880
Joined:Feb 2012
Message Posted: Jan 25, 2013 10:46:08 AM

What exactly is the Energy Information Administration other than an arm of G'ment to assist in the manipulation of gas prices?
Profile Pic
MJIOWA
Champion Author Iowa

Posts:6,441
Points:1,401,175
Joined:Nov 2009
Message Posted: Jan 25, 2013 10:46:01 AM

yup and now we pay
Profile Pic
viperahul
Champion Author Oakland

Posts:2,877
Points:923,125
Joined:Feb 2006
Message Posted: Jan 25, 2013 10:44:14 AM

Not this again! Get your.....together.
Post a reply Back to Topics