Gasoline continued to look for a winter bottom last week. Prices were mostly lower despite a late week recovery in crude.Crude at one point touched its lowest level since late October, but the selling hit a crescendo when global financial markets tanked. Once those markets recovered, crude headed back to about $90/bbI.Gasoline is diversely priced and very tiered. The West Coast has the country's lowest prices with $2.05-$2.10/gal witnessed in spot markets. Rack suppliers have not matched the spot weakness, however, with un-branded prices some 10-20cts/gal higher. Dealer prices are as much as 40-50cts/gal above spot numbers.
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