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To: Les H who wrote (103494)5/20/2001 4:06:20 PM
From: patron_anejo_por_favor  Respond to of 436258
 
I read that article in my local fishwrap this morning. As long as the carrying costs of gasoline remain high, there will be very little storage...Unleaded gasoline is in backwardation on the futures, and that is the key to whether or not any significant storage will occur.

quotes.ino.com

Besides, the refineries are now running at 96%+ capacity. Any higher and they'd risk blowing up a major refinery or two.