Gasoline RBOB Futures Surge as Spring Refinery Maintenance Tightens Supply

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The Refining Squeeze

Planned turnarounds at major US refineries have significantly reduced gasoline output this week. This supply bottleneck is decoupling wholesale prices from the broader crude oil complex.

Retail Pump Pressure

National retail averages are creeping toward $3.40. The combination of higher crude costs and restricted refining capacity is the primary driver of higher costs for US motorists.