Friday, May 6, 2011

The Bin Laden Effect on the Oil and Gasoline Market

By Bob van der Valk
The oil market turned around this week and spot market gasoline and diesel prices in turn went back down the week of May 1, 2011. This goes against the grain of what usually happens when American Petroleum Industry (API) and Department of Energy (DOE) inventory reports show draws for both gasoline and diesel.

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