Yeah, Tornado but WHY is it still trading higher than RUL? Latest stocks from an article today state:
"...In its latest weekly report, the Energy Department said crude oil supplies grew last week by 5.1 million barrels to 335.6 million barrels, or 7 percent above year ago levels. The supply of distillate, which includes heating oil, stood at 145.4 million barrels, or 15 percent above year-ago levels even after a larger-than-expected 4.5 million barrel decline..."
http://biz.yahoo.com/ap/061019/oil_prices.html?.v=18
So distallates are more than 2X above last year's levels at this time and more than 2X above where crude levels are now vs. last year. Yet, diesel is averaging 20% more cost for users. This is diesel's big "dirty secret," that nobody really cares enough to ensure that it is a fair price vs. gasoline and that the oil companies can "justify" the higher cost since we get better mileage. I know that eventually it will likely get more even, but it just really irks me and really plays into making Hybrids the defacto gas mileage champ in cost per mile. So all those new diesels might not ever get off the ground...