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EIA:

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 5.9 million barrels to a total of 375.1 million barrels. At 375.1 million barrels, inventories are 37.5 million barrels above last year (11.1%) and are above the upper limit of the average range.

GASOLINE INVENTORIES:
Gasoline inventories increased by 1.4 million barrels to 198.6 million barrels. At 198.6 million barrels, inventories are down 6.4 million barrels, or 3.1% lower than last year. Here's how individual regions and their gasoline inventory fared last week: East Coast (+1.3mb);...

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Submitted Oct 24, 2012 By: PD

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honda0105 Champion Author Tallahassee Posts:18,650 Points:1,612,445 Joined:Nov 2008	Message Posted: Nov 2, 2012 5:42:51 AM Ignore honda0105 Report Abuse lots of useless numbers. Pump prices and barrel inventory are not related.
mabrams184 Champion Author Lexington Posts:2,114 Points:536,715 Joined:Aug 2011	Message Posted: Oct 29, 2012 8:37:32 AM Ignore mabrams184 Report Abuse prices at the pump should come down proportionally.
honda0105 Champion Author Tallahassee Posts:18,650 Points:1,612,445 Joined:Nov 2008	Message Posted: Oct 29, 2012 5:55:03 AM Ignore honda0105 Report Abuse Pig Oil will still reap (near) record profits.
GasHunter0007 Veteran Author California Posts:289 Points:171,375 Joined:Oct 2012	Message Posted: Oct 28, 2012 2:00:34 PM Ignore GasHunter0007 Report Abuse Like a lot of bloggers have said, it doesn't matter if inventory is high. We are all prisoners of gasoline. Prices will remain high -- remember Greed.
honda0105 Champion Author Tallahassee Posts:18,650 Points:1,612,445 Joined:Nov 2008	Message Posted: Oct 28, 2012 8:11:30 AM Ignore honda0105 Report Abuse the usual, irrelevant data. Doesn't translate to the pumps at all.
spiderjay Champion Author Little Rock Posts:4,773 Points:1,282,235 Joined:Oct 2005	Message Posted: Oct 25, 2012 8:02:49 PM Ignore spiderjay Report Abuse down down down
leraar2 Champion Author Massachusetts Posts:3,779 Points:790,605 Joined:Mar 2011	Message Posted: Oct 25, 2012 5:45:40 PM Ignore leraar2 Report Abuse most of the glut will be exported. US drivers will not benefit.
wshutton Champion Author Los Angeles Posts:1,688 Points:928,965 Joined:Mar 2009	Message Posted: Oct 25, 2012 2:40:36 PM Ignore wshutton Report Abuse And yet retail prices only slowly decline. Romney's Republican speculator buddies at work again.
gasokie Champion Author Oklahoma Posts:3,451 Points:1,327,985 Joined:May 2007	Message Posted: Oct 25, 2012 10:52:31 AM Ignore gasokie Report Abuse I wonder how accurate those inventory lists are. Gas in OKC is $2.96 this morning.on I-40, That's what I want to see.
dpt Champion Author Michigan Posts:2,255 Points:2,204,760 Joined:Mar 2005	Message Posted: Oct 25, 2012 10:19:32 AM Ignore dpt Report Abuse Need to produce more distillates and stop exporting them. Heating season is upon us.
garywa01 Sophomore Author Alberta Posts:130 Points:382,165 Joined:Jan 2012	Message Posted: Oct 25, 2012 9:48:28 AM Ignore garywa01 Report Abuse Really!
sydb7 Champion Author Atlanta Posts:3,568 Points:1,921,850 Joined:Mar 2003	Message Posted: Oct 25, 2012 8:55:14 AM Ignore sydb7 Report Abuse Ho hum! Prices are still too high!
scu227 Champion Author New Haven Posts:4,167 Points:774,805 Joined:Feb 2011	Message Posted: Oct 25, 2012 8:28:35 AM Ignore scu227 Report Abuse So bring on those lower prices
WalRus49 Champion Author Boston Posts:4,090 Points:871,790 Joined:Nov 2010	Message Posted: Oct 25, 2012 7:48:13 AM Ignore WalRus49 Report Abuse More organized mayhem and pillage...................
nb52 Champion Author Grand Rapids Posts:7,795 Points:1,549,775 Joined:Nov 2008	Message Posted: Oct 25, 2012 6:25:13 AM Ignore nb52 Report Abuse Great report, you EIA overpaid bureaucrats.
isem Champion Author Missouri Posts:1,941 Points:426,110 Joined:Feb 2012	Message Posted: Oct 25, 2012 6:18:35 AM Ignore isem Report Abuse Déjà vu
Ferdman17 Champion Author Albany Posts:1,303 Points:377,460 Joined:Feb 2012	Message Posted: Oct 25, 2012 6:08:13 AM Ignore Ferdman17 Report Abuse Keep dropping. Just with fuel oil prices followed.
FMREALTOR Champion Author Florida Posts:6,420 Points:1,699,930 Joined:Jan 2007	Message Posted: Oct 25, 2012 6:06:47 AM Ignore FMREALTOR Report Abuse Interesting as winter gas is being stock piled
Petrock Champion Author Lexington Posts:9,138 Points:2,560,685 Joined:Apr 2005	Message Posted: Oct 25, 2012 6:05:03 AM Ignore Petrock Report Abuse NOW, maybe prices will start to really drop!
lindact Champion Author New Haven Posts:8,751 Points:1,719,895 Joined:May 2008	Message Posted: Oct 25, 2012 6:04:12 AM Ignore lindact Report Abuse Prices are still too high & folks are curtailing unnecessary driving.
Lengas Champion Author Gary Posts:13,566 Points:2,720,700 Joined:Nov 2004	Message Posted: Oct 25, 2012 6:02:20 AM Ignore Lengas Report Abuse Can we go below $3/gallon????????????????????
jkpsr Champion Author New Jersey Posts:4,099 Points:1,105,805 Joined:Jun 2005	Message Posted: Oct 25, 2012 6:00:35 AM Ignore jkpsr Report Abuse Gas prices fell by an average of 7 cents in DE last week.
smqua Champion Author Cleveland Posts:1,692 Points:588,450 Joined:Mar 2011	Message Posted: Oct 25, 2012 5:58:17 AM Ignore smqua Report Abuse Yawn
oas Champion Author Maryland Posts:4,245 Points:2,144,340 Joined:Feb 2005	Message Posted: Oct 25, 2012 5:56:07 AM Ignore oas Report Abuse Prices are falling, ever so gradually.
pbear316 Champion Author Akron Posts:2,045 Points:680,065 Joined:Apr 2011	Message Posted: Oct 25, 2012 5:55:18 AM Ignore pbear316 Report Abuse Ok
bababooey2 Champion Author Hartford Posts:6,367 Points:1,305,765 Joined:Sep 2009	Message Posted: Oct 25, 2012 5:54:46 AM Ignore bababooey2 Report Abuse good
jhnh Champion Author Michigan Posts:2,487 Points:1,628,875 Joined:Nov 2005	Message Posted: Oct 25, 2012 5:54:08 AM Ignore jhnh Report Abuse it's coming down
forderjunk Champion Author Maine Posts:10,643 Points:2,175,560 Joined:Sep 2005	Message Posted: Oct 25, 2012 5:53:20 AM Ignore forderjunk Report Abuse where is the break at the pump ?
leeso1 Champion Author San Diego Posts:7,631 Points:1,377,100 Joined:May 2009	Message Posted: Oct 25, 2012 5:51:44 AM Ignore leeso1 Report Abuse k
icer06 Champion Author Huntsville Posts:2,438 Points:459,995 Joined:Jan 2012	Message Posted: Oct 25, 2012 5:50:34 AM Ignore icer06 Report Abuse ok
ILVET Champion Author Illinois Posts:14,809 Points:2,928,540 Joined:Jan 2005	Message Posted: Oct 25, 2012 5:50:04 AM Ignore ILVET Report Abuse This has happened many times before
smokinjoe54 Champion Author Ohio Posts:4,733 Points:915,460 Joined:Feb 2010	Message Posted: Oct 25, 2012 5:48:47 AM Ignore smokinjoe54 Report Abuse These numbers don't mean a thing toward prices.
hawkman1950 Champion Author Michigan Posts:2,640 Points:543,480 Joined:Aug 2010	Message Posted: Oct 25, 2012 5:47:44 AM Ignore hawkman1950 Report Abuse And we continue to get bent over with these out of sight gas and DIESEL prices!!!!!!!!!!!!!!!!!!!!!!
momster1 Veteran Author Wisconsin Posts:448 Points:292,165 Joined:Mar 2011	Message Posted: Oct 25, 2012 5:45:19 AM Ignore momster1 Report Abuse Yup,
alphanyr Champion Author Connecticut Posts:4,855 Points:678,675 Joined:Apr 2011	Message Posted: Oct 25, 2012 5:44:42 AM Ignore alphanyr Report Abuse last minute election game obama
Dailyrun Champion Author Kentucky Posts:1,997 Points:391,765 Joined:Apr 2012	Message Posted: Oct 25, 2012 5:44:33 AM Ignore Dailyrun Report Abuse Well then -- turn it into fuel!!
76chevy Champion Author Toledo Posts:3,998 Points:771,260 Joined:Jun 2010	Message Posted: Oct 25, 2012 5:44:32 AM Ignore 76chevy Report Abuse Every one is waiting to see if it will get better or if we will have another four years like the last.
easydriver11 Sophomore Author Cape Coral Posts:122 Points:464,185 Joined:Feb 2011	Message Posted: Oct 25, 2012 5:44:06 AM Ignore easydriver11 Report Abuse prices will go down to help Obama
Brucevanf Champion Author New Brunswick Posts:1,376 Points:248,285 Joined:Aug 2012	Message Posted: Oct 25, 2012 5:43:46 AM Ignore Brucevanf Report Abuse There still keeping prices higher than they should be.
gabisgram Champion Author Michigan Posts:2,206 Points:914,200 Joined:Sep 2006	Message Posted: Oct 25, 2012 5:43:20 AM Ignore gabisgram Report Abuse Still 3.56 here.
TheRedFez Veteran Author Las Vegas Posts:341 Points:115,155 Joined:Sep 2005	Message Posted: Oct 25, 2012 5:42:27 AM Ignore TheRedFez Report Abuse So what ever happened to the economic law of supply and demand?
kzza100 Champion Author New Jersey Posts:1,948 Points:577,070 Joined:Sep 2011	Message Posted: Oct 25, 2012 5:41:25 AM Ignore kzza100 Report Abuse o
AvantiMick Champion Author Indiana Posts:12,756 Points:2,545,450 Joined:Dec 2005	Message Posted: Oct 25, 2012 5:40:51 AM Ignore AvantiMick Report Abuse Yep, they're playing "Let's screw the public" again, I mean still! Across Indiana this morning, there is a 98 cent difference in price!! No reason for that.
kirzon484 Champion Author Atlanta Posts:1,881 Points:436,210 Joined:Jun 2011	Message Posted: Oct 25, 2012 5:40:35 AM Ignore kirzon484 Report Abuse old
nurdco Champion Author Colorado Springs Posts:9,256 Points:1,698,410 Joined:Apr 2008	Message Posted: Oct 25, 2012 5:39:49 AM Ignore nurdco Report Abuse So is their GREED
tc316 Champion Author Twin Cities Posts:10,801 Points:1,729,805 Joined:Apr 2007	Message Posted: Oct 25, 2012 5:39:17 AM Ignore tc316 Report Abuse So
danny999 Champion Author Florida Posts:8,738 Points:1,641,985 Joined:Oct 2008	Message Posted: Oct 25, 2012 5:38:59 AM Ignore danny999 Report Abuse With COMEX at 2.60,why are stations running 90 cents over and up.We're getting gouged people.
Beau2140 Champion Author New York Posts:8,316 Points:1,661,160 Joined:Oct 2008	Message Posted: Oct 25, 2012 5:36:44 AM Ignore Beau2140 Report Abuse Time for the pump price to drop.
LeeFree Champion Author Pittsburgh Posts:9,171 Points:2,247,450 Joined:Jun 2005	Message Posted: Oct 25, 2012 5:36:01 AM Ignore LeeFree Report Abuse Glad I filled my heating oil tanks early in the Summer. It's now 60 cents/gal higher (locally) and distillate inventories are running low so no break in price any time soon.
fieldt Champion Author Lansing Posts:3,940 Points:731,450 Joined:Mar 2011	Message Posted: Oct 25, 2012 5:35:41 AM Ignore fieldt Report Abuse Good news, FWIW. [Edited by: fieldt at 10/25/2012 5:35:59 AM EST]