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Author Topic: Gasoline Futures Prices Down; Crude Mixed Back to Topics
mastermariner
Champion Author
Texas

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Message Posted: Apr 3, 2013 10:18:40 AM

Gasoline futures prices ended at their lowest in more than a month Tuesday, amid expectations for an increase in gasoline production, as refiners return from seasonal maintenance.

Reformulated gasoline blendstock for May delivery settled 6.07 cents, or 2%, lower at $3.0408 a gallon, the lowest finish for the front-month contract since Feb. 25.

Analysts and traders say they expect a seasonal pick-up in refining activity in the coming months, boosting production of the motor fuel. Gasoline prices at the pump have fallen more than 11 cents over the last month to an average of $3.751 a gallon, according to AAA, which the automobile association has attributed to rising supply as refineries end seasonal maintenance shutdowns.

Refiners typically pull back on output for maintenance during the w
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REPLIES (newest first) Post a Reply
NedW
Champion Author Indianapolis

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Message Posted: Apr 4, 2013 8:31:43 AM

Thank you for submitting this article, mastermariner.
USMCturtlehead
Champion Author Lexington

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Message Posted: Apr 3, 2013 11:50:24 AM

With futures dropping maybe price at pump will drop also. We can only hope.
Jeff4U
Champion Author Atlanta

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Message Posted: Apr 3, 2013 10:41:30 AM

"An average of $3.75 per gallon" is a total ripoff.
Buckeyee
Champion Author Maine

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Message Posted: Apr 3, 2013 10:32:22 AM

Your so right, Bttlecoat. Obama has the treasury printing paper dollars 24/7. One day China will cash in all those worthless dollars. DeGaull did that with all the aid we gave France. Charlie demanded gold for the paper.
zoomer20
Veteran Author Indiana

Posts:278
Points:439,040
Joined:Apr 2012
Message Posted: Apr 3, 2013 10:25:51 AM

Will never be low enough.
Bttlecat
Champion Author Oklahoma City

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Joined:Jan 2013
Message Posted: Apr 3, 2013 10:21:38 AM

upward trend in prices will continue while US dollar continues to be devalued due to reckless spending.
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