This week's full report.
Gasoline rose +2.5¢ for the week, but remains below year ago levels, by -0.5¢, or -0.1%. Days supply slipped from 25.2 to 24.7. For perspective... last year was 23.7.
Inventories were mixed, with crude down -3.4M barrels; Distillates up +4.9M barrels; Gasoline down -2.0M barrels. Total Petroleum + products +SPR slide rose +3M barrels, with the SPR rising +477K barrels.
For those interested, the exports of Crude, Petroleum Products, Including Gasoline has far outweighed the imports, by this much, since March, 2022.
The current crack spread has eased from last week's $25.87, to $23.36. Gasoline at $13.97 from last week's $15.30. Distillates to $9.39, compared to last week's $10.57.
That downward push seems to indicate an easing in pump prices.
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