Energy OverView April 11, 2013

RBOB gasoline prices were the featured trade, yesterday, falling 7 cents a gallon, causing drivers everywhere to rejoice! The weekly inventory report showed a decent increase in gasoline supplies, particularly on the East Coast, where the anxiety of the slew of refinery closures has been most acute. Rising supplies is just what drivers want to see this time of year. Crude oil inventories showed only a small rise, and WTI prices rose