Massachusetts Classifieds

GasBuddy News Article

votes

East coast consumers are hit hardest

GasBuddy Blog -- When the Dept. of Energy released its weekly report yesterday refinery utilization rates by region showed the East Coast refineries operating at 55.8%, by far the lowest rate in the country.

The east coast's low output is directly tied to the closings of several Sunoco and Conoco-Phillips refineries...And we reported earlier on these and also that Colonial Pipeline has taken steps to increase capacity there. But Colonial's efforts may not be enough...

Colonial Pipeline spokesman Steve Baker said this morning that he could not speculate on whether Colonial's expansion in the northeast will be enough by itself to sufficiently compensate for the lost refinery capacity. "Colonial's role is to transport the fuel from...

Read the Full Article

Submitted Feb 09, 2012 By: PD

Back To News

Category: GasBuddy Official Blog > Topics	Add to favorite topics Post New Topic

Author	Topic: East coast consumers are hit hardest	Post a Reply Back to Topics

REPLIES (newest first)

First

Next Last

olivejosephine Rookie Author Indiana Posts:1 Points:450 Joined:Mar 2012	Message Posted: Mar 3, 2012 11:31:15 AM Ignore olivejosephine Report Abuse Unreal.
clpassenubye Champion Author Los Angeles Posts:2,180 Points:426,515 Joined:Mar 2011	Message Posted: Feb 15, 2012 12:28:23 PM Ignore clpassenubye Report Abuse Wow
gawxnative All-Star Author Atlanta Posts:507 Points:185,430 Joined:Aug 2006	Message Posted: Feb 14, 2012 3:29:25 PM Ignore gawxnative Report Abuse Funny how refinery capacity/supply is reduced in higher demand markets
tomok Champion Author Portland Posts:26,058 Points:1,983,460 Joined:Aug 2006	Message Posted: Feb 13, 2012 6:56:56 AM Ignore tomok Report Abuse Left coast fuel ‘was’ higher priced than the rest of the country. With the reduction of right coast refinery ability their fuel costs have risen. STOP Big oil from selling fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their benefit. Whatever the size or shape of the vehicle is, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. The price of fuel at the pump is too high! 12/22/2012!
honda0105 Champion Author Tallahassee Posts:15,972 Points:1,247,150 Joined:Nov 2008	Message Posted: Feb 11, 2012 8:29:18 AM Ignore honda0105 Report Abuse Wanda: there are more rigs than ever w/in US borders. And it's not that the government doesn't approve new refineries, it's that Pig Oil does not want to build new or modernize existing ones b/c it is cutting into the greed profit margins.
honda0105 Champion Author Tallahassee Posts:15,972 Points:1,247,150 Joined:Nov 2008	Message Posted: Feb 11, 2012 8:27:00 AM Ignore honda0105 Report Abuse baddog: Pig Oil will always try to give "reasonable" explanations so as to disguise any barely veiled greed.
baddog58 Champion Author Texas Posts:1,123 Points:581,825 Joined:May 2007	Message Posted: Feb 10, 2012 12:46:28 PM Ignore baddog58 Report Abuse That explanation seems to make sense, but then why are gas prices jumping in areas where we have a surplus in storage? Seems to me that greed plays a much larger role.
Gas_Buzzer Champion Author South Carolina Posts:12,383 Points:2,269,475 Joined:Sep 2005	Message Posted: Feb 10, 2012 11:08:43 AM Ignore Gas_Buzzer Report Abuse Without adequate supply, there will be serious price increases. Simple laws of economics.
nb52 Champion Author Grand Rapids Posts:5,952 Points:1,185,495 Joined:Nov 2008	Message Posted: Feb 10, 2012 6:21:33 AM Ignore nb52 Report Abuse Seems like the entire country is hard hit.
CdnLynx Veteran Author Ontario Posts:346 Points:224,265 Joined:May 2008	Message Posted: Feb 10, 2012 12:16:40 AM Ignore CdnLynx Report Abuse us4usa Answer to ur ?? I have thought long and hard on this before, it would probably take 4-10 days at most; with that said, 7-10 days concerns me. My concern, is that some communities, the brand outlets maybe mom & pop operations vice corporate operated; my goal is not to hurt them or their employees; they in themselves are only trying to make a living my pumping fuel. If denial of patronage is too long, it begins to hurt the little guy. I am concerned for the employees at these outlets as they are the unfortunate pawns in this melee.
CdnLynx Veteran Author Ontario Posts:346 Points:224,265 Joined:May 2008	Message Posted: Feb 10, 2012 12:09:13 AM Ignore CdnLynx Report Abuse Sorry txkrb your monetary calculations are off. Cdn price today 09 Feb was (122.9 Ltr) or 122.9 X 3.78) = 464.562 cents/US Gal or $4.64 point 562 My area, tomorrow, the price is going up to 125.2 cents Ltr or 473.256 cents ($4.73) US Gal.
us4usa Champion Author Missouri Posts:4,426 Points:782,695 Joined:May 2008	Message Posted: Feb 10, 2012 12:07:07 AM Ignore us4usa Report Abuse CdnLynx: Petroleum industry conspires to attack the little guy, (we the consumer); the consumer should retaliate. Pick one, the Largest EXXON/ESSO and not purchase fuel from them only their competitors; this sends a msg to the industry, and it disrupts their refineries, their storage and distribution and their financials. They may have to sell their refined products to their competitors at wholesale prices vice pirate retail prices at their own outlets. Target EXXON/ESSO. Question: How long are you talking about days weeks or months???
CdnLynx Veteran Author Ontario Posts:346 Points:224,265 Joined:May 2008	Message Posted: Feb 10, 2012 12:01:02 AM Ignore CdnLynx Report Abuse Petroleum industry conspires to attack the little guy, (we the consumer); the consumer should retaliate. Pick one, the Largest EXXON/ESSO and not purchase fuel from them only their competitors; this sends a msg to the industry, and it disrupts their refineries, their storage and distribution and their financials. They may have to sell their refined products to their competitors at wholesale prices vice pirate retail prices at their own outlets. Target EXXON/ESSO.
DrCashFlow Champion Author Massachusetts Posts:5,286 Points:1,272,250 Joined:Jun 2008	Message Posted: Feb 9, 2012 11:57:35 PM Ignore DrCashFlow Report Abuse 56%? ridiculous
txkrb All-Star Author Texas Posts:860 Points:314,705 Joined:May 2011	Message Posted: Feb 9, 2012 11:53:44 PM Ignore txkrb Report Abuse Is it a coincidence the cheapest gas is up north close to the tar sands oil of Canada (Wyoming, Idaho & Montana)
amerk73 Champion Author Dallas Posts:5,225 Points:1,259,030 Joined:Oct 2008	Message Posted: Feb 9, 2012 11:51:47 PM Ignore amerk73 Report Abuse they prices up
Wanda127 Champion Author Florida Posts:1,497 Points:572,600 Joined:May 2010	Message Posted: Feb 9, 2012 11:49:38 PM Ignore Wanda127 Report Abuse If our government would let us build refineries & drill for oil in the U.S. more we would not have so many problems. They just want to keep the prices high. Vote 2012!
ty58 Sophomore Author Akron Posts:112 Points:203,725 Joined:Jun 2011	Message Posted: Feb 9, 2012 11:45:58 PM Ignore ty58 Report Abuse and the soap opera goes on
ACTown Champion Author Oregon Posts:1,963 Points:1,189,870 Joined:Jun 2007	Message Posted: Feb 9, 2012 11:40:36 PM Ignore ACTown Report Abuse That is not good for all.
BKool Champion Author Michigan Posts:4,863 Points:1,821,600 Joined:Aug 2005	Message Posted: Feb 9, 2012 11:39:34 PM Ignore BKool Report Abuse Why?
must87searcher Champion Author Maryland Posts:7,169 Points:1,419,675 Joined:Apr 2008	Message Posted: Feb 9, 2012 11:37:58 PM Ignore must87searcher Report Abuse Sounds like we are going to have too face more heat when shopping for gas in these coming months.
jtfftj Champion Author New Hampshire Posts:1,235 Points:921,170 Joined:Sep 2005	Message Posted: Feb 9, 2012 11:37:47 PM Ignore jtfftj Report Abuse This is blatant price manipulation. I don't care what name the industry puts on it, the only way to keep the retail price high and higher is to reduce the supply. Maintenance, export, shutdowns, you name it. More money for the oil companies at every level.
wwardyota Champion Author Honolulu Posts:1,451 Points:795,210 Joined:May 2008	Message Posted: Feb 9, 2012 11:36:36 PM Ignore wwardyota Report Abuse ditto, roadrunnin!
bif65 All-Star Author Virginia Posts:779 Points:137,025 Joined:Jan 2011	Message Posted: Feb 9, 2012 11:35:48 PM Ignore bif65 Report Abuse ok
seenmany Rookie Author Salt Lake City Posts:24 Points:184,105 Joined:Aug 2011	Message Posted: Feb 9, 2012 11:33:42 PM Ignore seenmany Report Abuse Hooray MT and UT.
judgemobile Champion Author Ohio Posts:5,762 Points:2,085,330 Joined:Nov 2005	Message Posted: Feb 9, 2012 11:33:02 PM Ignore judgemobile Report Abuse GREED lives--anyone disagree ?
roadrunnin Champion Author Richmond Posts:1,316 Points:369,370 Joined:May 2008	Message Posted: Feb 9, 2012 11:32:01 PM Ignore roadrunnin Report Abuse I would love to be paying $3.05/gal
drobbbb Champion Author Maryland Posts:1,928 Points:473,860 Joined:Dec 2010	Message Posted: Feb 9, 2012 11:28:16 PM Ignore drobbbb Report Abuse just away to make us pay more
orcar Champion Author Boise Posts:1,859 Points:523,835 Joined:Jun 2010	Message Posted: Feb 9, 2012 11:27:48 PM Ignore orcar Report Abuse The old produce less, charge more and increase profits strategy.
skb69sa Champion Author San Antonio Posts:1,659 Points:352,370 Joined:Mar 2011	Message Posted: Feb 9, 2012 11:22:24 PM Ignore skb69sa Report Abuse Thanks for sharing
JesseJack52 All-Star Author Virginia Beach Posts:612 Points:124,640 Joined:Sep 2011	Message Posted: Feb 9, 2012 11:19:19 PM Ignore JesseJack52 Report Abuse The old smoke & mirrors trick that the oil companies ALWAYS PULL OFF!!!
bonzoonfmb All-Star Author Florida Posts:539 Points:356,825 Joined:Feb 2010	Message Posted: Feb 9, 2012 11:18:31 PM Ignore bonzoonfmb Report Abuse The refineries are just looking for Federal money to do upgrades to their infrastructure that they should have done 20 yrs. ago.
vibdata Champion Author Massachusetts Posts:2,978 Points:628,735 Joined:Nov 2005	Message Posted: Feb 9, 2012 11:17:32 PM Ignore vibdata Report Abuse Funny how the article just sneaks in a few non-Eastern states. Soon, all states will be paying through the nose. Wait, I mean YOU will be.
Rt118E Champion Author Pennsylvania Posts:7,397 Points:1,010,365 Joined:Jun 2009	Message Posted: Feb 9, 2012 11:17:10 PM Ignore Rt118E Report Abuse Big Oil has to keep prices up you know
sammy518 Champion Author Austin Posts:2,150 Points:448,185 Joined:Dec 2010	Message Posted: Feb 9, 2012 11:16:48 PM Ignore sammy518 Report Abuse sorry NE
theschmuck Champion Author Michigan Posts:1,981 Points:1,222,360 Joined:Mar 2007	Message Posted: Feb 9, 2012 11:15:52 PM Ignore theschmuck Report Abuse Sell the refineries to Canada and they could be doing us a favor.
69Bonne Veteran Author Gary Posts:267 Points:277,760 Joined:Sep 2005	Message Posted: Feb 9, 2012 11:15:39 PM Ignore 69Bonne Report Abuse Another reason we should figure out how to convert to CNG. Maybe the utility companies should kick in and help (but they'll probably charge high prices, too)
Akcamper Veteran Author Tucson Posts:274 Points:30,555 Joined:Dec 2011	Message Posted: Feb 9, 2012 11:14:02 PM Ignore Akcamper Report Abuse SCREWED AGAIN!
DustyHorse Champion Author Virginia Posts:4,495 Points:1,073,520 Joined:Oct 2008	Message Posted: Feb 9, 2012 11:13:25 PM Ignore DustyHorse Report Abuse I sure the consumer will lose.
LostToo Champion Author Illinois Posts:3,622 Points:819,600 Joined:May 2009	Message Posted: Feb 9, 2012 11:12:15 PM Ignore LostToo Report Abuse Why are they closeing refinerys? So they can push that pipeline to texas?
freerobert Champion Author California Posts:1,043 Points:987,170 Joined:Mar 2008	Message Posted: Feb 9, 2012 11:11:08 PM Ignore freerobert Report Abuse Almost like the ships sitting off shore in the 70's. They wouldn't move until the price was right.
BooHooMI Champion Author Michigan Posts:1,546 Points:342,460 Joined:Sep 2010	Message Posted: Feb 9, 2012 11:10:45 PM Ignore BooHooMI Report Abuse Why 55%?
nwsynthetics All-Star Author Oregon Posts:527 Points:140,970 Joined:Dec 2011	Message Posted: Feb 9, 2012 11:10:32 PM Ignore nwsynthetics Report Abuse I Agreee $$$$$$$$
SandeeC Champion Author Ontario Posts:1,481 Points:228,845 Joined:Apr 2011	Message Posted: Feb 9, 2012 11:09:32 PM Ignore SandeeC Report Abuse I wonder the same thing woburnspotter2.
Is246 Veteran Author Albuquerque Posts:338 Points:204,410 Joined:Apr 2011	Message Posted: Feb 9, 2012 11:09:29 PM Ignore Is246 Report Abuse These are intentional moves to drive prices higher.
36_ACRES_4_SALE All-Star Author Appleton Posts:628 Points:165,320 Joined:Oct 2011	Message Posted: Feb 9, 2012 11:09:17 PM Ignore 36_ACRES_4_SALE Report Abuse Ok
roadrunnin Champion Author Richmond Posts:1,316 Points:369,370 Joined:May 2008	Message Posted: Feb 9, 2012 11:06:29 PM Ignore roadrunnin Report Abuse Still trying to understand why the refineries are not making money.
ClevelandWheele Sophomore Author Florida Posts:191 Points:95,135 Joined:Dec 2010	Message Posted: Feb 9, 2012 11:06:22 PM Ignore ClevelandWheele Report Abuse Bull stuffing
abcdMA Champion Author Worcester Posts:6,144 Points:1,218,205 Joined:Nov 2008	Message Posted: Feb 9, 2012 11:06:01 PM Ignore abcdMA Report Abuse keep demand down
OWENALOTT Champion Author Appleton Posts:1,430 Points:350,770 Joined:Apr 2011	Message Posted: Feb 9, 2012 11:01:54 PM Ignore OWENALOTT Report Abuse Hang in there