Re:U.S. to release oil from reserves in coordination with ot...
by dpierce9 on Tuesday November 23, 2021 @11:04AM
(#29319397)
Gas (RBOB) is a refined product. The SPR is crude. There is obviously a relationship between them but it is a complex, laggy function of refinery capacity, distribution, etc. It will at least effect spot crude prices at the relevant delivery points.
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