RBOB soared on rumors that a Canadian refiner was in the cash market buying product. Sure enough our refining nightmare continues. That makes three refineries that serve the New York Harbor market have units shut or slowed.
Natural gas got a boost after a report that U.S. electric companies are preparing for weather that could close some East Coast nuclear plants with Hurricane Sandy coming ashore. Worries about nuclear power may go beyond that.
Did you hear about the coal wars? Well they are running hot and heavy and up until recently, the long dominant cheap fuel coal had suddenly begun to lose its low price dominance to the up and coming cheap fuel, natural gas.