Retail gas deliveries by refiners dropped again in December by 1.8% to 30.4 million gallons per day. Compared to December 2010 deliveries are down 28.3%. In other words, refiners delivered nearly one third less gas at the end of 2011 as 2010. With gas prices rising steeply, but with no obvious signs of shortages, where is the missing third of gasoline coming from?
–From the US Department of Energy