Gasoline prices likely to stay volatile, EPRINC report suggests

03/25/2013
Existing federal regulations, many of which mandate specific fuels and restrict refining capacity additions, make continued US gasoline price volatility very likely, a Mar. 15 report from Energy Policy Research Foundation Inc. (EPRINC) suggested. Bottlenecks in distribution of crude oil to processing centers and, in some cases, constraints on the movement of transportation fuels also could contribute, said the report, written by EPRINC Senior Research Analyst Ben Montalbano. "The recent volatility in gasoline prices in the Northeast is clearly driven by market forces, but the slow pace at which the market adjusted to the price run-up suggests more dislocations are on the horizon,&quo...
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