A CA Gasoline Futures Market?

Consumers in parts of the United States benefit from lower gasoline prices thanks to mature energy futures markets. Consumers elsewhere in the country, particularly California, do not. The cost to Californians could total $2 to $3 billion in 2016 as residents there pay between $0.15 and $0.20 more per gallon than they might if the state had a futures market. Read more here.

9/16/2016
52.97
PKVerleger LLC calculates the value of sweet crude based on New York Harbor product prices.
Has Oil Reached the Edge of a Cliff? (September 26, 2016) -- Oil prices are probably headed down again. This time, though, they may take the elevator rather than the escalator

More >>