Gasoline Prices - May 28

Post Reply
dan_s
Posts: 37351
Joined: Fri Apr 23, 2010 8:22 am

Gasoline Prices - May 28

Post by dan_s »

GasBuddy is forecasting that "thousands" of filling stations will run out of gasoline this weekend.
Watch video: https://www.msn.com/en-us/news/opinion/ ... d=msedgntp

Hoarding will become a major problem because consumers lack confidence in the supply lines.

Summer Blend gasoline costs about $0.10/gallon to make.

It is not just the Colonial Pipeline problem. U.S. gasoline inventories are dangerously low and refiners MUST ramp up production soon to avoid regional supply shortages.
Dan Steffens
Energy Prospectus Group
Post Reply