Originally Posted by
word302
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.
Not really. The SPR is having little effect on our gasoline supply as the stock is largely vertically integrated in the US. The SPR is largely being sold off to foreign markets, namely Europe. Finished gasoline product here is showing the general seasonal variability it normally does.