Crude oil prices hovered right around $90/bbl last week and plenty of speculative money remains invested in oil and other commodities.Talk about a U.S. recession, however, led to some drastic drops in gasoline and even in diesel. The West Coast had tremendous volatility, but at presstime, gasoline cost from $2.05-$2.10/gal from southern California north to Seattle.Other U.S. bulk markets for gasoline drifted down to about $2.20/gal with the notable exception of Chicago, where winter blends sold off to as little as $2.10/gal.
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