- Retail regular gasoline prices fell by 49.3c 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 rose by 5.8 MMBbl/d for the week ending July 8, and are about 5.7% below the five-year average for this time of year
|
- Retail diesel prices fell by 38.4c 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 rose by 2.7 MMBbl/d for the week ending July 8, and are about 18% below the five-year average for this time of year
|
