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Gasoline keeps flowing from US refineries despite a huge cut to profits

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Listen: Gasoline keeps flowing from US refineries despite a huge cut to profits

Why would a refiner keep making gasoline at a loss? That's the situation facing US companies with gasoline cracks dipping into negative numbers against major US and European crude grades.

Jeff Bair and Seth Clare of the US gasoline team break down the numbers and take look at what analysts are saying lies ahead for crack spreads.

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