[bronxboy]

I usually do not believe in conspiracy theories, but I do believe you are on to something. Price went up a nickle last night here.

[raybbr]

The crude they are buying today doean’t make to the refinery for weeks. If it’s futures that you are watching then it’s months.

[kellynla]

A Primer on Gasoline Prices http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis_publications/primer_on_gasoline_prices/html/petbro.html

[JoeSixPack1]

Wow, what a gambler,
you want to bet that the price of gas goes up? With a 5 cent spread too!!

Risk taker!!!!

[TheBattman]

The excuse will be that the gasoline in the pumps is that produced from the $120 per barrel oil...

There will always be an excuse. That is the problem when markets are driven (manipulated) the way they are.

The good old days of the market mostly being impacted by supply & demand are past.

[varyouga]

Prices typically go up this time of the year as demand increases while refining capacity decreases during the summer fuel switch.

Prices will be higher a month from now but anything could happen after that.

[mnehring]

I would agree, gas will go up. The commodity auction bids on future supplies, not current. Current gas prices are based on past commodity auctions. We still have falling refinery capacity, and we are in the seasonal blend transition season, so yes, gas will go up.

[MNJohnnie]

Of course it will be higher. The same way it is EVERY spring due to the stupid Federal and State EPA regulations. At the same time the National demand for Gas goes way up, both State and Federal EPA implement regulations requiring the Oil Companies to produce 93 different types of gas! Thus refineries lose all economies of scale in production.

Simple economics. Govt imposed restriction in supply at the same time demand is rising results in price increase. We go thur this same stupid series of events every sprint. No plot, no evil manipulation of the market, just a simply result of our own stupid political fashionable “Green” policies.