"If we have a hurricane hit the gulf coast this year.there is a high chance we will experience shortages and this will cause continued rise in prices."
Low production, strong demand, and weak gasoline imports raised the question of whether gasoline prices will follow in diesel’s record-setting footsteps this summer. US Gulf Coast pipeline ULSD’s premium over CBOB has grown considerably since the start of the year. Although ULSD averaged just an 18.93 cents/gal premium over USGC pipeline CBOB in January and .
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