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Gas (RBOB) is a refined product. The SPR is crude. There is obviously a relationship between them but it is a complex, laggy function of refinery capacity, dist
by dpierce9 5y ago
Gas (RBOB) is a refined product. The SPR is crude. There is obviously a relationship between them but it is a complex, laggy function of refinery capacity, distribution, etc. It will at least effect spot crude prices at the relevant delivery points.