Retail Gasoline Prices Drop but Upward Swing Predicted as Crude Rises

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Background
Dis­til­lates used for both diesel fuel and heat­ing oil
Dis­til­late fuel oil inven­to­ries had fall­en to a 3-year low at end of 2002–2003 severe win­ter
Last winter’s mod­est weath­er left heat­ing fuels inven­to­ries in far bet­ter shape by heat­ing sea­son end




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