In our latest gasoline market commentary:
> East to West arb options disappear on the horizon, as E/W climbs $3.5/bbl on the prompt, cutting off Atlantic Basin options for AG-origin barrels
> Gas-nap continues to fall sharply, now marking four consecutive months of decline, now approaching the $100/mt resistance
> PADD-1 stocks climbed for the fourth week in a row, adding pressure to the RBOB complex and keeping the economics for European exports to NYH closed in the short term
> Gasoline markets points lower in the short term, but new options fro European exports and gas-nap returning to the historical average suggest the floor could be reached soon
