Big jump in gas in midwest

[AZJonnie]

8. TTBOMK the only way it's "illegal" is if the oil companies are caught colluding

And even then, it's tough to prove.

The reason they're spiking is likely because the US drastically increased crude EXPORTS two weeks ago, causing a big drawdown in US crude inventories (there was no corresponding large uptick in production, just what was exported went up, AND US imports did not rise correspondingly so the net was negative for US supplies).

US refineries are being outbid by Asian and European counterparts for our WTI (the fracked stuff, largely), and there's nothing stopping the US producers from selling the product to the highest bidders on the world market.

This is having the near-inevitable outcome of domestic prices rising.