BIKE: coupla observations
alan_drake
alan_drake
Sat Aug 21 11:11:26 PDT 2004
The recent price spike of the last few eeks has resulted in significantly higher prices for #2 diesel & #2 heating oil. The earlier price spike resulted in a wide spread between gasoline & #2 refined oil. This gap has recently narrowed. Seasonal demand is probably part of the explanation. Earlier refining bottlenecks probably also contributed to the wide gap between gasoline & #2.
Alan
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