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pete807

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Re: jugs post# 1650

Friday, 10/16/2015 10:57:52 AM

Friday, October 16, 2015 10:57:52 AM

Post# of 1887
We are at about 2.50 up north. State tax disparity does not account for all the difference. Margins must be all over the board. Strip away the taxes etc. and 1.30 is the futures wholesale unleaded price through the end of year and winter with seasonally lower US consumption. We were down in the 1.80's retail at the low late last winter. Where it will bottom this time around is anyones guess. Supply has been increasing...
http://www.cmegroup.com/trading/energy/refined-products/rbob-gasoline.html

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-

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