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Quote:
Originally Posted by mhsprecher
Different refining processes and not as subject to price competition and seasonal demand as gasoline. IMO, not based on any data.
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Interesting thought ....and another thought or two to add, --gasoline does not "store well" as evidenced by the short period it takes to start running poorly. Thus, it probably does not make sense to try and store it waiting on the price to rise again. Also, oil is not just used for gasoline, diesel, and oil. It also is used in the manufacture of other things such as plastics. The demand for those things are seemingly higher since gas prices are down, which probably means the oil is being diverted to another use.