We begin by taking a quick look at some of the critical figures and data in the energy markets this week, which show that, despite Canada bringing oil back on line after the wildfires, the markets remain confident that oil will continue moving upwards as driving season nears. (Click to enlarge) (Click to enlarge) Chart of the Week (Click to enlarge) • The Memorial weekend is normally a time when Americans hit the roads for some vacation. This past holiday saw retail gasoline prices average $2.30 nationwide, 47 cents per gallon lower than last year. • Memorial Day 2016 saw the lowest gasoline prices since the aftermath of the financial crisis in 2009. • The West Coast has the highest gasoline prices at $2.66 per gallon, in part due to the major disruption at ExxonMobil’s Torrance refinery in Southern California. Also, the Californian market is somewhat separated […]