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OPIS’s longtime oil market analysts Tom Kloza and Denton Cinquegrana, have compiled an outlook on the downstream energy markets for the year ahead.
The US national average for gasoline as measured by OPIS on Dec. 12, 2022, represented deflation of 2.02% versus the same day 2021. It’s the fourth consecutive deflationary day after a span of 654 days where gasoline was more expensive than year ago levels.
Refiners, marketers, retailers, pipeline operators and others across the gasoline supply chain may be impacted in the spring and summer of 2023 by a lower Reid Vapor Pressure (RVP) specification for CBOB in Midwest states.
