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The Energy Information Administration released its weekly report today on the status of petroleum inventories in the United States.

Here are some highlights:

CRUDE INVENTORIES:
Crude oil inventories decreased by 1.9 million barrels (MMbbl) to a total of 502.7 MMbbl. At 502.7 MMbbl, inventories are 44.8 MMbbl above last year (8.8%) and are well above the upper limit of the average range for this time of year.
GASOLINE INVENTORIES:
Gasoline inventories increased by 2 million barrels to a total of 227.2 MMbbl. At 227.2 MMbbl, inventories are up 5.2. MMbbl, 2.3% higher than a year ago and are well above the upper limit of the average range for this time of year. 

Here's how individual regions and their gasoline inventory fared last week: East Coast (+0.8 MMbbl); Midwest (+0.3 MMbbl); Gulf Coast (+1.3 MMbbl); Rockies (-0.1 MMbbl); and West Coast (+0.1 MMbbl). It is important to note which regions saw increases/decreases as this information likely drives prices up (in the case of falling inventories), or down (in the case of rising inventories).
DISTILLATE (diesel, heating oil) INVENTORIES:
Distillate inventories decreased by 1.9 MMbbl to a total of 163.1 MMbbl. At 163.1 MMbbl, inventories are up 11.5 MMbbl, or 8.6% vs. a year ago.
The Energy Information Administration released its weekly report today on the status of petroleum inventories in the United States.

Here are some highlights:

CRUDE INVENTORIES:
Crude oil inventories decreased by 1.9 million barrels (MMbbl) to a total of 502.7 MMbbl. At 502.7 MMbbl, inventories are 44.8 MMbbl above last year (8.8%) and are well above the upper limit of the average range for this time of year.
GASOLINE INVENTORIES:
Gasoline inventories increased by 2 million barrels to a total of 227.2 MMbbl. At 227.2 MMbbl, inventories are up 5.2. MMbbl, 2.3% higher than a year ago and are well above the upper limit of the average range for this time of year. 

Here's how individual regions and their gasoline inventory fared last week: East Coast (+0.8 MMbbl); Midwest (+0.3 MMbbl); Gulf Coast (+1.3 MMbbl); Rockies (-0.1 MMbbl); and West Coast (+0.1 MMbbl). It is important to note which regions saw increases/decreases as this information likely drives prices up (in the case of falling inventories), or down (in the case of rising inventories).
DISTILLATE (diesel, heating oil) INVENTORIES:
Distillate inventories decreased by 1.9 MMbbl to a total of 163.1 MMbbl. At 163.1 MMbbl, inventories are up 11.5 MMbbl, or 8.6% vs. a year ago.

This past Friday, September 23, 2016, we had a blast giving away free gas to our Houston GasBuddies. Why Houston? Besides the incredible GasBuddy community we have in the city, we were drawn to the unofficial “energy capital of the world.” Check out some highlights about Houston below, in our first “City Spotlight.”











Houston Gas Facts

  • Today’s average for Houston: $1.943

  • Today’s average for Texas: $1.95

  • Houston metro-area average, 2016 year-to-date: $1.881 (21.3cts lower than the national average)

  • Houston’s highest 5% of stations average today: $2.251

  • Houston’s lowest 5% of stations average today: $1.745

  • Potential average savings in Houston today: 50.6cts

  • Most common price in Houston today: $1.999

  • Percentage of stations under $2 in the city today: 82.7%

  • Percentage of stations under $2 in Texas today: 83.6%

https://www.babble.com/babble-voices/10-highly-awesome-things-to-do-in-houston/











Things to Do & See

Fun Facts

  • Founded in 1836 by brothers Augustus Chapman Allen and John Kirby Allen, they named the city after Sam Houston, former President of Texas. (via Visit Houston)

  • “Houston” was the first word spoken from the moon in 1969, when Neil Armstrong said: “Houston, Tranquility Base here. The Eagle has landed.” (via Visit Houston)

  • Home to over 5,000 energy-related firms; unofficially known as the “Energy Capital of the world” (via City of Houston)

  • More than 90 languages are spoken throughout the city of Houston. (via City of Houston)

  • Houstonians eat out more than any other city population: 4.1 times per week (the national average is 3.1). (via Visit Houston)

Image From ..flickr.com
If you read your morning paper or tune in to the evening news you know that in just about every state law enforcement is being called much more often these days to investigate thefts from gas station skimmers. Unsuspecting motorists whose credit or debit cards are fraudulently tapped can be exposed to substantial losses. 

Local police, states' Attorneys General, and even the U.S. Secret Service have been called into these investigations from coast to coast.  And so far, it looks like the good guys are losing the war.  Part of the problem lies with the convenience stores and retail gas stations. They're still using 19th century technology in a 21st century battle.   Think about it.  A universal key that opens almost every gas pump?  In 2016? 
Image From ..flickr.com
BOSTON --(Sept. 26) - The repair last week of Colonial Pipeline's Line #1 and pending recovery of gasoline supply to many eastern states has brought the national average price of gasoline to $2.20/gal.  

While that's only a nominal decrease from the $2.21 reported last week, it's a signal that the spikes experienced in most of the states directly impacted by the Colonial Pipeline damage in Alabama (reported Sept. 9th) are clearly receding.

Since the damage occurred Alabama's average peaked at $2.08 and today stands at $2.07. Georgia's average peaked last week at $2.37 and is now $2.35. N. Carolina peaked at $2.22 and is now $2.21. S. Carolina peaked at $2.11 and, fortunately, has slipped to $2.09.   

However, Tennessee's and Virginia's state averages remain near peak levels, at $2.16 and $2.10 respectively. Atlanta, the U.S. metro market hit hardest by the damage, saw prices spike by 35 cents reaching a peak average at $2.50 before receding since Thursday to today's $2.45/gal.  

"While it appears that the worst may be behind us, we're not out of the woods yet where gasoline inventory levels are concerned," said Gregg Laskoski, senior petroleum analyst for GasBuddy. "Following Hurricane Katrina, gasoline inventory levels two weeks later had shed 3.3 million barrels. The reduction in east coast gasoline inventory tied to the Colonial Pipeline damage is estimated at 8.5 million barrels. The scale of this recovery is unparalleled so we should expect it may be extended for several weeks."  

Throughout the rest of the U.S. we have six states today averaging $1.99 or less with Missouri exactly at $2.001 and likely to reach $1.99 or less perhaps later today or tomorrow. Last year at this time, Alabama, South Carolina and Tennessee were also at $1.99 or less.  

Despite the ColPipe 'turbulence' of recent weeks, consumers should be encouraged that the national average price of gas remains 8 cents lower than last year at this time. Only six states today have an average price of $2.50 or more: HI, $2.82; CA, $2.75; WA, $2.71; AK, $2.60; OR, $2.52; NE, $2.50.
Russian Oilfield - Max Avdeed
The long predictable non agreement on oil production cuts played out once again on Friday with Russia's Energy Minister confirming that there were no proposals on the table to stem the flood of global crude output.
Rumours had been rife since the end of August that a meeting of international energy ministers in Algeria could lead to the elusive cap on over production, but once again, the absence of a plan, much less a consensus by Saudi Arabia and its arch rival in OPEC, Iran, left the world's second largest producer, Russia with pointing out the obvious.
Image From ..flickr.com / Day Donaldson
For some time now we've seen the benchmark WTI crude oil trading in the mid-$40s with the Energy Information Administration's weekly reports prompting either bullish or bearish movement like a seesaw.

And this week closed with crude oil slipping from its mid-week high around $46.50 after a report from Bloomberg indicated that 21 of 23 commodities analysts surveyed said OPEC probably isn't going to reach any agreement to limit oil production when they meet in Algiers Wednesday (Sept. 28).

So it's virtually unanimous. The consensus says OPEC is blowing smoke... and if they're right (I think they are...) that's good news for U.S. motorists!















Historic park trails. Gravity-defying gondolas. Keep-the-wine-flowing vineyards. Whatever your taste, we’ve raked up the best fall foliage destinations—and the best way to experience them—for your ultimate autumn adventure.
Photo by jasosonwoodhead23
With pipeline integrity in the news, a report this week by the Association of Oil Pipelines (AOPL) reinforces what many believe; gas and oil pipelines are the safest ways to transport liquid energy products across the continent. 
Image From ..flickr.com / Barry Andersson
Yes, tire noise really matters!

When Tire Technology International last reported on this issue, they spoke to one of the world's experts; Giuseppe Matrascia, the engineer responsible for new tire lines at Pirelli.

Matrascia acknowledges that necessity, the need to comply with international government regulations and new "pass-by" noise limits, is the mother of invention. He says new tire designs, with reduced width and changes in the number of lateral grooves actually reduces "the two types of tire noise: external and internal, the noise you hear in the car." 
GasBuddy has today activated its Gasoline Availability Tracker for drivers in six states following a major pipeline outage that has led to increased gasoline prices and difficulty finding gasoline for some. The Tracker can be accessed via web: http://tracker.GasBuddy.com/.
Gasoline Availability Tracker
Motorists can also search and report fuel availability via the latest version of the re-designed GasBuddy app available on iOS and Android. 
  • To show only stations that have gas, users can filter the amenity to "has fuel.
  • To report stations without fuel, users can edit the stations amenities to toggle off "has fuel".
Retail gasoline prices have risen in six states — most noticeably in Georgia, Tennessee and the Carolinas — due to Colonial Pipeline's shutdown of a major gasoline supply to the eastern U.S. following the discovery of the pipeline leak in Shelby County, Ala. To date, the states experiencing the impact on gasoline supply are: AL, GA, TN, NC, SC and VA.

GasBuddy's Gasoline Availability Tracker assists consumers and provides visibility to authorities, distributors and retailers with the most up-to-date, real-time information on fuel availability at specific retail locations. This tool was last used in 2012 to assist motorists in NY, NJ and CT in the aftermath of Hurricane Sandy.

GasBuddy spotters in the affected area are urged to update their local fuel availability information so that motorists looking for gasoline can find it. GasBuddy is also requesting gas stations to also keep their status updated.

A pipeline leak in a remote area of Shelby County, south of Birmingham, AL has made many motorists in the southeast very grouchy.  The problem occurred on Colonial Pipeline's Line #1 and as you may have heard, more than 250,000 gallons of gasoline has spilled into a retention pond.  AP estimates the fuel volume might exceed 330,000 gallons. 

Unfortunately, this particular pipeline is a major supplier of gasoline for many of us.  But just like that, 1.3 million barrels of gasoline was shut down from the distribution channels along its path all the way from Houston up through Alabama, Georgia, and the eastern seaboard into New York. Several major markets including Atlanta and Nashville were among the first to see prices spike as early as Friday and to help alleviate the delivery logistics, the governors of Alabama and Georgia respectively declared a 'state of emergency' for their states on the same day.
Gasoline prices nationally rose 2.7 cents per gallon to $2.21 in the last week on the heels of a major pipeline outage in the Southeast, sparking supply shortages and higher gasoline prices in some areas.

The Colonial pipeline delivers gasoline from Gulf Coast oil refineries to much of the Southeast and Mid-Atlantic areas, but a September 9 spill found by a mine inspector has had major impacts on gasoline prices and availability in six states: Alabama, Georgia, North Carolina, South Carolina, Tennessee and Virginia and threatens to even have pricing impacts in neighboring states as gasoline supply is diverted to the affected states.
Colonial Pipeline Petroleum Farm (photo by J.B)
Every year the transmission of oil, natural gas, gasoline, jet, diesel and other by products like ethanes and condensates, are cause for 50 to 100 reported leaks in North America. Their causes range from construction accidents, design faults, corrosion, pressure or even extreme weather and by law they must be reported to officials as a practice with priority given to safety and environmental outcomes.
Though a pipeline failure is never any carriers wish, they are a reality given the millions of miles built over the last 120 years and their use has helped support thriving economic activity and prosperity.
Image From ..flickr.com
Before you consider jumping on the bandwagon to legalize marijuana in your state you may want to take a look at recent findings from the Colorado state agency monitoring marijuana usage.  

According to Rocky Mountain High Intensity Drug Trafficking Area (HIDTA) data, the latest numbers show a dramatic spike in traffic-related fatalities in Colorado attributed to marijuana use in the almost four years since the state legalized the drug.

Sadly, marijuana-related traffic fatalities in Colorado have increased 62 percent since 2013. According to HealthZette Editor Carleen Wild, Drivers testing positive for marijuana were a factor in 21 percent of all Colorado traffic deaths in 2015; that is up from only 10 percent in 2009.
"Consumers working together to save on gas"