gasoline

Low U.S. Gasoline Demand Is Making Gasoline Less Profitable, Reducing Crack Spreads

Low gasoline demand in combination with the seasonal switch to winter-grade gasoline has made gasoline less profitable to produce, reducing the difference between gasoline blendstock and crude oil prices to multiyear lows in October 2023. The crack spread is the difference between the price of a wholesale petroleum product and the crude oil price, … [continued]

A Gas Station!

There was a building on a relatively busy corner leading out of town that could never stay in business. From the time I was a kid, it kept changing and opening as something else — a restaurant, a trading post, an antique store, a restaurant several times, and probably a few other businesses over the years that I can’t even remember.