The DOE doesn't show any SPR drawdowns since August when the DOE said it would lend one million barrels of sweet crude oil from the SPR to Marathon. I think local price variations must be due to transportation issues.
Here in Calif.:
Quote:
January 07, 2013 - On an upward trend for a second week, Regular is up again. Edging higher over last weeks price by several cents.
The average price in California for regular gasoline increased 5.1-cents from the previous week. The average statewide price for regular was $3.605. Mid-grade and premium prices increased as well.
The national average for self-serve regular is at $3.601, up 30.3 cents from the previous week.This is 0.4 cent lower than the price of regular in California.
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