Gasoline Inventory
I'm sure you've noticed that we're in the "relief" portion of the adaptive gasoline increase cycle. Prices are "down" now ...
It's typical for prices to continue to ease until spring as driving backs off for winter. But there's a fly in the ointment:
You know, refinery maintenance and all that .....
Despite there being plenty of oil inventory, the stocks of gasoline are at an all-time low. Thus don't count on any great further easing of gasoline prices through winter.
1 comment:
When I graduated from high school in 1976 gas was 52 cents per gallon. Using a very handy tool, I find that in today's money that would be $1.84.
Low prices my hiney.
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