DOE Report- not so great

Today’s Department of Energy report indicates a less gasoline around than expected, so the futures prices are up today, to $1.92. That corresponds to a new 20-cent margin price (with 8-cent Midwestern Premium) of $2.74. Given Speedway’s recent pricing behavior, I think we see another price hike Thursday or Friday. On Thursday, prices rose to $2.75, so the prediction was pretty much CORRECT.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please leave these two fields as-is:

Protected by Invisible Defender. Showed 403 to 1,755,256 bad guys.


This site uses Akismet to reduce spam. Learn how your comment data is processed. (c) All Rights Reserved Frontier Theme