The Gas Game Welcome Guest | Login or Register

0 comments Wednesday 06 Feb 2008 | Posted By Patrick | Predictions

Wow… today’s DOE report was a terrific read. I read a lot of good news from this week’s report on petroleum inventories.As typical, let me highlight some of it: Pros Oil inventories rose by 7 million barrels, pushing them into the middle of the average range Gasoline inventories rose by 3.6 million barrels, keeping them [...]

0 comments Wednesday 09 Jan 2008 | Posted By Patrick | Commentary

With the DOE’s weekly energy report being released just moments ago, here are some highlights: >Refinery Utilization… YES!! Finally! 91.3% of capacity. This is JUST what we needed to slow the rise in gas prices!>Gasoline Demand… rose 0.4% compared to the same time last year, which is quite surprising… last year we had (I’m sure [...]

0 comments Wednesday 19 Dec 2007 | Posted By Patrick | Predictions

It’s Wednesday! I’m sure many of you know that means the Department of Energy releases its weekly petroleum report! Lets take a peek at what this weeks report contained: Well first, BP’s Toledo refinery came back online. This was echoed in the Midwest PADD numbers. The Midwest’s inventory of gasoline is at its largest number [...]

1 comment Monday 11 Jun 2007 | Posted By Patrick | Predictions

Grand Rapids prices have been falling the last few days, and as I stated on a WOODTV8 interview this evening (5pm), I think we’ll see G.R. drop below $3 Tuesday or Wednesday before the DOE Report makes a potential effect on wholesale prices. The rest of the nation should see prices moderating a good amount [...]

0 comments Wednesday 16 May 2007 | Posted By Patrick | Predictions

Well, the DOE report was mixed. Here are some highlights: **Gasoline stockpiles added 1.7 million barrels, compared to the 1 million barrels analysts were predicting. **Oil stockpiles added 1 million barrels, compared to the 400,000 expected by analysts. **Gasoline demand is STILL up 1.0% over a year ago! DEMAND MUST DROP OR WE’RE IN TROUBLE! [...]

0 comments Wednesday 25 Apr 2007 | Posted By Patrick | Predictions

Well, hold on a second- the DOE report just came out, and you can expect gasoline to rise today… The DOE report was… BAD. Refinery utilization DROPPED to 87.8% this week after continued refinery problems kept gasoline stockpiles from building. Gasoline stockpiles are now WELL BELOW their average for this time of year. They fell [...]