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Trilby Lundberg quote: "The drop is mostly from refining capacity comeback and, to a lesser degree, lower demand."

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The drop is mostly from refining capacity comeback and, to a lesser degree, lower demand.


Trilby Lundberg


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And according to the Air Resources Board, demand is rising for gasoline and refining capacity is rem...
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It is true that refining capacity is stretched. It is true that there is a refining bottleneck and i...
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Lower prices are likely to stimulate increased demand, but to what degree is unknown.
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If crude does not correct downward, then that's the equivalent of another 5 cents per gallon rise.
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This is really a resumption of the 22-cent decline since the peak price, back on May 21,
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Gasoline price changes are lagging behind those of crude, and there's more catching up to do,
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