- Retail regular gasoline prices fell by 36.4c in the last 4 weeks. About 59% of the change was due to the price of crude oil, while the remainder was refinery margin
- Scroll down for a chart of the RBOB-WTI crack spread, a measure of refinery margin. It shows elevated cracks this year
- Total motor gasoline inventories decreased by 2.5 MMBbl/d for the week ending July 1, and are about 8% below the five-year average for this time of year
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- Retail diesel prices fell by 20.3c in the last 4 weeks. About 47% of the change was due to the price of crude oil, 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 elevated cracks this year
- Distillate fuel inventories decreased by 1.3 MMBbl/d for the week ending July 1, and are about 20% below the five-year average for this time of year
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