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Gasoline stocks have declined rather significantly in recent weeks, at a much faster rate than at this point in the 2016 season.
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Source:
These Fundamentals Point To Higher Oil Prices | OilPrice.com
That's the first time in quite a while that the current stock level is "colouring between the lines" of the 5-year average. (In other words, below last year's record numbers.)
Not surprisingly, the average U.S. gas price jumped after this week's stockpile report and is at a 30 day high .