“Almost all the refiners are now putting marketers on allocation east of the Rocky Mountains. Some terminals in Ohio, Tennessee, Arkansas and South Carolina are completely out of product. It's just a very precarious situation we're in.”
“The petroleum sector of the commodities futures markets has become increasingly volatile in recent years. Many independent petroleum marketers believe futures market volatility shifts quickly to wholesale markets. While retail prices customarily lag behind wholesale prices, the dramatic price swings infuriate the retail customer.”
