[WardL]

The law of supply and demand applies to gasoline, jet fuel, diesel and refineries. Refineries that are shutting down can't run the cheaper heavy crudes and can't make money. When you don't make money after awhile, you run out of money and you shut down or try to sell. A refinery that can't run the cheaper crudes could invest $millions for mods to run heavier crudes. Our country's desire to use less crude by mandating food crops (ethanol and soy beans) will cause refineries to close. THAT'S THE BIG PLAN. Food crops (AKA alternative energy) will ALWAYS cost more than products coming from crude. Get used to it. Nope, I do not understand retail gasoline prices.