Originally Posted by
ThumbsUp
Given that refined products are not seeing quite the shock some expected, I don’t think that the full authorization of 172 Mbl on the SPR will be required. Just my opinion, though, based on the limited amount we’ve actually released since the March authorization.
Refined products are not seeing the shock because we're using the SPR as a shock absorber. It's a temporary fix that won't last much longer. We're also refining more jet A than usual and less gasoline. We are about to hit summer demand that usually increases demand for gas by about 1m barrels/day.