North American members with spare fuel storage capacity might want to stock up soon.
In mid-February, oil refineries in the U.S. typically shut down for spring maintenance and the switch-over to "summer" blend gasoline.
This heralds the traditional beginning of the climb in fuel prices from their winter lows toward the summer peak.
It doesn't happen every
year, but it's been a pattern for the past 3, despite increasing year-over-year national fuel stockpiles.