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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