We still haven't recovered from the hurricanes. The deficit just keeps on widening.

This is the path of least resistance. The market is intent on testing $70 again.

It's taken a while but the market is now moving on the statistics. We tried to take it up when they first came out but failed, which made folks a little gun shy. Concern about gasoline supply and prices are driving things.

Gasoline supply and prices are driving things. The fall in crude stocks was a big surprise.