- Retail regular gasoline prices rose by 46.2c in the last 4 weeks. About 59% of the change was due to increases in crude oil prices, while the remainder was refinery margin
- Scroll down for a chart of the RBOB-WTI crack spread, a measure of refinery margin. It shows extremely elevated cracks this year
- Total motor gasoline inventories fell by 0.5 MMBbls for the week ending May 20 and are about 8% below the five-year average for this time of year
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- Retail diesel prices rose by 41.1c in the last 4 weeks. About 49% of the change was due to increases in crude oil prices, while the remainder was refinery margin
- Scroll down for a chart of the NY Harbor ULSD-WTI crack spread, a measure of refinery margin. It shows extremely elevated cracks this year
- Distillate fuel inventories rose by 1.7 MMBbls for the week ending May 20 and are about 21% below the five-year average for this time of year
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