Aaron Kildow Gasoline Quotations

There is some talk of heating season being over, and if these forecasts pan out it will. There is a renewed interest in gasoline. Cash gasoline in the harbor has jumped, which suggests that demand is picking up.

Any resolution to the gasoline problem won't occur in the short term. There's enough crude oil around. The problem is with refining and specifications.

The gasoline barrels from Europe might take two weeks to get here. Things will get worse before they get better because stocks will be tighter.

This is when you price in the inventory expectations. Gasoline should be strong because we expect that supplies fell last week. There's a direct relationship between supply and price.