Matt Barrow wrote:

Of course, with the price below $2/gal, people went right back to
their old ways and consumption (and prices) went right back up.

Prices went down when the production facilities came back online; they went
back up only after the world market price went up and a couple of our
way-too-few facilities had to be brought down for service.


In Dec. of '05, 25% of the production facilities in the gulf region were
still offline when the prices dropped into the $2/gal. range. Domestic
consumption dropped drastically in Sept. and Oct. and were well below normal
in Dec, hence the price.

John Galban=====N4BQ (PA28-180)

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