[Dog Gone]

I just went and filled up my truck. I still had a quarter of a tank, but there's not the slightest doubt that prices will increase this week.

And depending on the damage to the LOOPS offshore oil terminal, we may actually have to use SPR for its rightful purpose.

[mware]

Thanks for the reminder. Good idea to tank up now.

[topher]

I imagine the SPR may need to be tapped, but there is still a question if the storm damages refining capacity. You still have to refine the oil, and the last number I saw, we are running close to the 100% of capacity.

Minor shutdowns of major refineries have caused gasoline spikes.

Having to rebuild some refineries is a different question... How can we refine the SPR oil if some refineries are knocked out? It is also mostly sour crude (I could be wrong about that). Sour crude is tougher to refine.