Gasoline Doesn't Care About The SPR

Gasoline and Heating Oil are inflated beyond traditional seasonal patterns.

Crude Spreads are Unstoppable

Author: Brynne Kelly 6/06/2022

Over the weekend, Bloomberg reported: "Western Canadian Select’s discount to benchmark West Texas Intermediate grew US$1.70 to US$20.80 a barrel in Alberta on Friday, the widest in almost seven months, data compiled by Bloomberg show."

The report goes on to say:

"Soaring energy costs prompted the …