[Blessed]

>BTW, is there any explanation for why gas futures are up 6 cents a gallon today, one day after the first significant build in stockpiles in ages was reported?<

Because a willing buyer found a willing sellar at that price.

[eraser2005]

Thanks... :P

Obviously, though, its not just 1 buyer and 1 seller. Its many hundreds or thousands all who have some reason to believe that a good price increase is justified when supply finally shows that it is beating demand.

[eraser2005]

So the news finally got out to us peons..

3 refinery problems - ConocoPhillips announced it would shut down a 146 kbpd unit for maintenance, BP announced it would shut 115 kpbd at Texas City for 11 days for unknown reasons, Murphy Oil reported a problem yesterday at their Meraux, LA refinery and there was a gasoline pipeline shutdown in the northeast.

Murphy and the pipeline are back to normal. No news on the Conoco unit or from BP.