Gasoline Prices Tumble As Gasoline Glut Approaches

Apr. 26, 2017 3:48 PM ET3 Comments
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Portfolio Strategy, Oil & Gas, Medium-Term Horizon

Contributor Since 2013

Seeking Alpha Marketplace Premium Service: Boslego Risk Services.

Managing Director, Boslego Risk Services

Harvard College, Economics (Honors), BA

Undergraduate thesis: "OPEC Pricing Strategy."

Harvard Business School Case Study: "Industrialized World and Oil."

Stanford University Graduate School of Business, MBA


I founded Boslego Risk Services and became a recognized expert in the area of energy price risk management (hedging) and trading, providing oil and natural gas hedging strategies to major oil companies such as Exxon, Shell, Mobil, Chevron, Texaco and Phillips; to the national oil companies of Norway, Venezuela, Mexico, Canada, France and Italy; to major users of energy products, such as Delta Airlines, United Airlines, Burlington-Northern Railroad, and Canadian Pacific Railway.


I also provided frequent market assessments and recommended trading positions to major trading firms, such as Enron, Phibro, Sempra and Vitol, and to large hedge funds.


As the recognized expert in energy hedging, I was selected by the former president, John Treat, of the New York Mercantile Exchange (NYMEX) to write the chapter on hedging in his book, Energy Futures (1990, 2000).



Gasoline prices are down around 4 cents per gallon today on the back of a 3.4 million barrel gasoline stock build reported for last week. I think there is much more downside likely for gasoline, but as always, there will be fluctuations as prices evolve. The gasoline glut will undermine support for crude oil prices.

Yesterday, in my Premium membership site here on Seeking Alpha, I presented the factors components of my outlook for gasoline. If interested, you can sign up here.

I have also introduced Gasoline Price Signals (green, yellow, red), which are daily price signals. You can read about the service and what is based upon here.

Recommended For You

Comments (3)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.