Mar 22, 2015
Oh, I didn't notice the 2nd post of yours with the first one. $2.49, hmm, that would be about typical or right for the Midwest though. You folks DON'T have enough refineries in that region, but you're also right, the prices should be down further, here, there and everywhere. It's the people that set the selling prices on the open markets, really nothing more than that, and they're doing it for their Big Oil and refinery buddies. Speculation doesn't have anything to do with it, and demand isn't climbing enough to warrant the increases.