Gasoline Analysis Report 4/12/19 – Are We At The End Of The Bend In The Trend???

The current price of an average gallon of regular gas nationwide is up 35 cents in the past six weeks.  According to gas price research company GasBuddy, the average price of a gallon of regular gas has reached $2.58, which is the highest price since November.

Gasoline is a derivative of oil, so as oil prices rise, which is up over 30% YTD, so does gasoline, which is up almost 50% YTD.  However, gasoline prices are also seasonal.  In late February routine refinery maintenance season begins. 

Then in mid-April refiners changeover from producing “winter blends” of gasolines “summer blends.”  Thus, there

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