RBOB - (RB) Gasoline The SPR release was a non-event, why would it be.
Less asphalt is preferable.
Heavy Sours are not ever going to relieve Price.
The exception is DOT projects.
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April to June as the Flip for unleaded fuel production.
Refineries lead this transition and switch over to summer-
blend production in March and April.
In the warmer months, gasoline has a greater chance of evaporating.
Refiners reduce the chance of gas evaporation in your car during the s
summer by producing gasoline blends that have lower Reid vapor pressure,
or lower volatility.
This isn't going to affect price this year.
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The Variant will, demand for Gasoline
Liquid fuels will increase by 3.5 million b/d in 2022 to average 100.5 million.
Given demand is well below 100 Million, we doubt this.
War Drum will likely have the desired effect and those are rapidly building
Globally as China has become an Isolationist.
Russia is keen on pushing back against an attempt to regain the upper hand in
NATO for the purposes of putting Putin in a corner.
2022 has the potential to be a very challenging year on many fronts.
Price volatility will increase dramatically as Energy moves in far greater swings.
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There is a rather Large Daily GAp Above.
Unleaded
RB - RBOB Unleaded GasIn_Flay_Shun - EX - Food & Energy isn't working out too well.
Unleaded Gasoline:
The Trend it is said - IS Your Friend
October 25, 2021 3.476
October 18, 2021 3.416
October 11, 2021 3.36
October 04, 2021 3.285
September 27, 2021 3.271
September 20, 2021 3.28
September 13, 2021 3.262
September 06, 2021 3.273
August 30, 2021 3.237
August 23, 2021 3.243
August 16, 2021 3.272
August 09, 2021 3.269
August 02, 2021 3.256
July 26, 2021 3.232
July 19, 2021 3.247
July 12, 2021 3.227
July 05, 2021 3.216
June 28, 2021 3.185
June 21, 2021 3.153
June 14, 2021 3.161
June 07, 2021 3.128
May 31, 2021 3.119
May 24, 2021 3.112
May 17, 2021 3.118
May 10, 2021 3.051
May 03, 2021 2.981
April 26, 2021 2.962
April 19, 2021 2.945
April 12, 2021 2.939
April 05, 2021 2.945
March 29, 2021 2.941
March 22, 2021 2.954
March 15, 2021 2.94
March 08, 2021 2.857
March 01, 2021 2.796
February 22, 2021 2.717
February 15, 2021 2.588
February 08, 2021 2.548
February 01, 2021 2.495
January 25, 2021 2.478
January 18, 2021 2.464
January 11, 2021 2.403
January 04, 2021 2.336
December 28, 2020 2.33
December 21, 2020 2.311
December 14, 2020 2.247
December 07, 2020 2.246
November 30, 2020 2.211
November 23, 2020 2.194
November 16, 2020 2.202
RBOB - (RB) GasolineThe price for 42,000 gallons of NY Hub Unleaded Gasoline continues to move higher.
Every Dip is bought.
Weekly Volumes witnessed the Sell Week of 10/17.
The Dip, of course, was bought.
It is simply following the trajectory of Crude Oil... or is it.
When RB was trading below $2.20 - the price of at the pump Unleaded...
Yeah, naw, it wasn't too much less than it is now.
Per Mile Taxes ahead.