
In a January 19 Barchart article, I highlighted the reasons for accumulating gasoline exposure during the winter. I wrote:
I favor accumulating gasoline during the winter offseason, anticipating the seasonal rally in spring and summer. Meanwhile, the compelling bullish case for traditional energy commodities could mean crude oil, gasoline, and distillate product prices could soar over the coming months because of economic and geopolitical factors. The risk-reward dynamics at around the $2.1719 per gallon level favors the upside over the coming months.