Refinery Maintenance Squeeze
Planned turnarounds at major US refineries have reduced domestic gasoline output by 450,000 barrels per day this week. This supply squeeze is significantly outperforming the broader crude oil complex.
Retail Pump Pressure
National retail averages are creeping toward $3.25. While crude prices have steadied, the 'refining bottleneck' is now the primary driver of higher gasoline costs for US motorists.