2016-02-15nj.com

``Unfortunately, the dropping cost of wholesale gasoline, also know as RBOB, prompted production cuts at oil refineries. "A few refineries have already announced production cuts as it isn't worth it for them to produce RBOB currently," said Jeff Pelton, GasBuddy.com senior petroleum analyst. "That, coupled with upcoming maintenance and the looming specter of summer (reformulated) gas all bode poorly for gas prices to get any better than they currently are."''



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