Gasoline RBOB Futures Edge Higher as Refinery Maintenance Tightens Spot Supply

The Summer Switch Squeeze

Refiners are beginning the complex transition to summer-grade gasoline specifications. This process, coupled with planned maintenance at several major Gulf facilities, is creating a localized supply squeeze that is outperforming the crude complex.

Retail Pump Trends

National retail averages are creeping toward $3.20. While crude prices have steadied, the 'refining bottleneck' is now the primary driver of higher costs for US motorists.