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This Is What Actually Determines the Price of A Gallon of Gas
Odd Lots
What's the Most Common Price of Gasolene Right Now?
There's a 50 cent difference between the highest and lowest price of gasolene in America. The gulf coast is even more dramatic, as there are many refineries on that part of the country. Each region trades at a different basis to what that one overlying market is. And if things are running well, some regions can have a premium or a surcharge based on i ply which is extremely tight in every region.
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