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Massive decline in Gasoline Deliveries
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06-26-2012, 01:43 PM
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Massive decline in Gasoline Deliveries
Gasoline Retail Deliveries by Refiners Remain at Record Low Levels
http://washington-dispatch.com/post/...e-to-Fall.aspx
Anyone care to speculate what this means?
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06-26-2012, 02:55 PM
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Re: Massive decline in Gasoline Deliveries
Ok.
Thanks for explaining.
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06-26-2012, 05:56 PM
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Re: Massive decline in Gasoline Deliveries
Quote:
Originally Posted by Carcus
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The US EIA does not say Gasoline Deliviers rather it says these numbers are Gasoline retail sales.
To get a more up to date chart see...
http://www.eia.gov/dnav/pet/hist/Lea...A103600001&f=M
The chart shows gasoline retail sales dropping significantly in October 2011. Gasoline was hovering about $3.40 per gallon at this time. At this time, national unemployment was officially 9% and a Republican fillbuster in the Senate had successfully blocked Obama's jobs/stimulus/unemployment benefits extension bill. Occupy Wall Street was in full swing - and the EU was struggling with a debt crisis. If you look at gasoline price chart - you'll notice that gasoline prices were trending downward in the fall of 2011 until the Christmas holiday at which point it climbed back up spiking at about $4 per gallon around the beginning of 2012 April before dropping again.
The drop in retail sales means a signficant number of people are driving less.
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Last edited by waltermlee : 06-27-2012 at 04:26 AM.
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06-27-2012, 06:23 PM
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Re: Massive decline in Gasoline Deliveries
Quote:
Originally Posted by 50 mpg by 2012
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FWIW
The last link is the on-hand supply or inventory - the regular slight drop in inventory is probably due to refineries going "off-line" for annual maintenance. there is 42 U.S. gallons to a Barrel.
The second to the last link is how many gallons of gasoline the refiners sold.
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06-27-2012, 06:52 PM
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Re: Massive decline in Gasoline Deliveries
Quote:
Originally Posted by waltermlee
FWIW
The last link is the on-hand supply or inventory - the regular slight drop in inventory is probably due to refineries going "off-line" for annual maintenance. there is 42 U.S. gallons to a Barrel.
The second to the last link is how many gallons of gasoline the refiners sold.
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45 to 45.5 gallons of refined product are produced from a barrel.
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06-29-2012, 04:28 AM
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Re: Massive decline in Gasoline Deliveries
Quote:
Originally Posted by ItsNotAboutTheMoney
45 to 45.5 gallons of refined product are produced from a barrel.
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Is the increase from 42 to 45 gallons due to adding ethanol into gasoline?
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06-29-2012, 05:16 AM
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Re: Massive decline in Gasoline Deliveries
Quote:
Originally Posted by waltermlee
Is the increase from 42 to 45 gallons due to adding ethanol into gasoline?
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No.
During the refining process long chain molecules are broken down. In that process oxygen atoms are picked up resulting in greater volume ... iirc.
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06-29-2012, 05:17 AM
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Re: Massive decline in Gasoline Deliveries
Quote:
Originally Posted by waltermlee
Is the increase from 42 to 45 gallons due to adding ethanol into gasoline?
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No, it's just the normal refining. Distillation and cracking results in a lower average density.
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