The 20¢ Chicago discount is gone, spike is eminent .

When the bottom fell out of the market Tuesday, Chicago only fell 2+¢ while Group 3 and NYMEX RBOB fell ~16¢. The Chicago Spot is now dead even with Group 3. With a spike up in spot prices the last two days, we are now in Spike territory in Indiana, Michigan and Ohio. Expect the possibility of a spike tomorrow, with the slight chance that it will hold off until the weekend of after.

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