- Retail regular gasoline prices rose by 9.8c in the last four weeks to $3.497/Gal. About 53% of the change was due to the price of crude oil, while the remainder was the 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 fell by 2.9 MMBbl/d for the week ending March 24 and are about 4% below the five-year average for this time of year
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- Retail diesel prices fell by 28.2c in the last four weeks to $4.105/Gal. About 41% of the change was due to the price of crude oil, while the remainder was the 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 0.3 MMBbl/d for the week ending March 24 and are about 9% below the five-year average for this time of year
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