Doug MacIntyre
Doug MacIntyre
abundant demand gasoline prices reason seemingly supplies time usual
The prices are going up because of the usual seasonal build-up in demand this time of year. The reason we still have prices going up when inventories are seemingly abundant is that there's a lot of uncertainty about gasoline supplies in the future.
citing demand followed prices reasons supply
Just like we were citing supply and demand as the reasons why prices went up, it's the same reason they're going down. It's pretty much followed with what we would be expecting.